# Argentina Mulls Cutting Export Tax for Soy Meal: Industry Group

> Argentina's government is weighing a cut to export taxes on processed soybean products, according to Ciara-Cec head Gustavo Idigoras. Agriculture Minister Luis Basterra had said on July 29 that a tax cut for soy meal and oil was being analyzed.

- Date: 2020-08-18 · published 2020-08-18T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/51434-argentina-mulls-cutting-export-tax-for-soy-meal-industry-group
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A lower export tax on meal and oil would make Argentine crushing more competitive and could increase meal and oil exports, pressuring world soymeal prices lower while raising raw bean export competitiveness concerns.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2017-11-28 | [Soybean meal: lower export duties in Argentina](https://feedsoft.ai/events/67812-soybean-meal-lower-export-duties-in-argentina.md) | +2.5% | -3.6% |
| SBM | 2025-10-03 | [Argentina Export Tax Shock Hits Grain Markets](https://feedsoft.ai/events/13828-argentina-export-tax-shock-hits-grain-markets.md) | -0.0% | +16.9% |
| SBM | 2018-01-22 | [Export Tax Relief Aids Argentina’s Soybean Trade](https://feedsoft.ai/events/66849-export-tax-relief-aids-argentina-s-soybean-trade.md) | +1.2% | +12.6% |
| SBM | 2023-12-21 | [Changes in Argentina should boost the country’s soymeal and soyoil exports](https://feedsoft.ai/events/32788-changes-in-argentina-should-boost-the-country-s-soymeal-and-soyoil-exports.md) | -1.4% | -7.3% |
| SBM | 2025-07-30 | [Argentina to resume soybean exports after official tax cut – CIARA-CEC](https://feedsoft.ai/events/13845-argentina-to-resume-soybean-exports-after-official-tax-cut-ciara-cec.md) | +3.6% | +11.9% |
| SBO | 2025-10-03 | [Argentina Export Tax Shock Hits Grain Markets](https://feedsoft.ai/events/13828-argentina-export-tax-shock-hits-grain-markets.md) | +2.1% | +1.4% |
| SBO | 2018-01-22 | [Export Tax Relief Aids Argentina’s Soybean Trade](https://feedsoft.ai/events/66849-export-tax-relief-aids-argentina-s-soybean-trade.md) | +1.6% | -2.3% |
| SBO | 2023-12-21 | [Changes in Argentina should boost the country’s soymeal and soyoil exports](https://feedsoft.ai/events/32788-changes-in-argentina-should-boost-the-country-s-soymeal-and-soyoil-exports.md) | -2.6% | -3.6% |

## Sources

- news.bloombergtax.com: https://news.bloombergtax.com/daily-tax-report-international/argentina-mulls-cutting-export-tax-for-soy-meal-industry-group

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