# Soybean complex temporary tariff reduction to end in January

> Argentina temporarily cut soybean complex export tariffs in October 2020 for three months. Soybean tariffs moved from 33% to 30%, then 31.5% in November and 32% in December, and are set to return to 33% on January 1. Byproduct rates return to 30-31% in January.

- Date: 2020-12-29 · published 2020-12-29T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/49493-soybean-complex-temporary-tariff-reduction-to-end-in-january
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher export tariffs from January will raise the cost of Argentine soymeal and soyoil for exporters, which tends to support world meal and oil prices and reduce competitive selling pressure.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-09-01 | [Economist's Angle: What’s in the Inflation Reduction Act for Soybeans? - American Soybean Association](https://feedsoft.ai/events/15371-economist-s-angle-what-s-in-the-inflation-reduction-act-for-soybeans-american.md) | -2.5% | -6.4% |
| SOY | 2026-10-27 | [Growing US biofuel production intensifies competition for soybean oil](https://feedsoft.ai/events/17179-growing-us-biofuel-production-intensifies-competition-for-soybean-oil.md) | +0.5% | — |
| SOY | 2017-04-26 | [ASA Applauds Introduction of Biodiesel Tax Credit Reform, Extension Act - American Soybean Association](https://feedsoft.ai/events/71380-asa-applauds-introduction-of-biodiesel-tax-credit-reform-extension-act-american.md) | +0.4% | -0.7% |
| SOY | 2026-05-14 | [EPA RVO Could Increase Soybean Oil Demand](https://feedsoft.ai/events/15022-epa-rvo-could-increase-soybean-oil-demand.md) | -1.3% | -8.2% |
| SOY | 2017-09-01 | [ASA Asks EPA to Increase Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68822-asa-asks-epa-to-increase-biodiesel-rfs-volumes-american-soybean-association.md) | +2.2% | +3.4% |
| SBM | 2021-07-29 | [Soybean meal needs reduced import tax](https://feedsoft.ai/events/46151-soybean-meal-needs-reduced-import-tax.md) | -0.7% | -1.2% |
| SBM | 2022-09-29 | [Some Brazilian soybean crushers temporarily shut down due to negative margins  : The Daily Digest](https://feedsoft.ai/events/39664-some-brazilian-soybean-crushers-temporarily-shut-down-due-to-negative-margins.md) | -3.9% | -1.4% |
| SBM | 2022-03-19 | [Argentina hikes export tax on soy oil, meal to 33% to combat inflation](https://feedsoft.ai/events/14044-argentina-hikes-export-tax-on-soy-oil-meal-to-33-to-combat-inflation.md) | +1.4% | -3.3% |

## Sources

- tridge.com: https://www.tridge.com/insights/soybean-complex-temporary-tariff-reduction-to-end-in-january

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.