# Argentine farmers raise concerns over linking sovereign bonds to food exports
						 | The Cattle Site

> Argentina's farm groups and growers objected to a government proposal that would link interest payments on restructured sovereign bonds to agricultural export volumes. The warrants would pay out when farm exports hit set thresholds, and growers fear they would keep export taxes at 33% for soy products and 12% for corn and wheat. The government then paused debt talks on June 17.

- Date: 2020-06-18 · published 2020-06-18T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/52445-argentine-farmers-raise-concerns-over-linking-sovereign-bonds-to-food-exports
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

If export taxes stay high to satisfy bondholders, Argentine farm selling and crush margins remain constrained, which can limit export supply and support soymeal and soyoil prices.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-09-01 | [Argentine farmers consider grains strike over beef export cap
						 \| The Cattle Site](https://feedsoft.ai/events/44931-argentine-farmers-consider-grains-strike-over-beef-export-cap-the-cattle-site.md) | -1.9% | -0.9% |
| SBM | 2019-12-24 | [Argentina raise taxes on corn, wheat and soybean exports \| Farm Online \| ACT](https://feedsoft.ai/events/55425-argentina-raise-taxes-on-corn-wheat-and-soybean-exports-farm-online-act.md) | -0.5% | -0.8% |
| SBM | 2019-12-24 | [Argentine government taxes farmers to fund spending - Grain Central](https://feedsoft.ai/events/55423-argentine-government-taxes-farmers-to-fund-spending-grain-central.md) | -0.5% | -0.8% |
| SBM | 2022-06-27 | [Food export bans, from India to Argentina, risk fueling inflation](https://feedsoft.ai/events/14025-food-export-bans-from-india-to-argentina-risk-fueling-inflation.md) | +5.4% | -0.6% |
| SBM | 2025-04-14 | [Argentina farmers focus on harvest over sales despite currency boost](https://feedsoft.ai/events/13864-argentina-farmers-focus-on-harvest-over-sales-despite-currency-boost.md) | -1.3% | -2.7% |
| SBO | 2019-12-24 | [Argentina raise taxes on corn, wheat and soybean exports \| Farm Online \| ACT](https://feedsoft.ai/events/55425-argentina-raise-taxes-on-corn-wheat-and-soybean-exports-farm-online-act.md) | +2.1% | -3.8% |
| SBO | 2019-12-24 | [Argentine government taxes farmers to fund spending - Grain Central](https://feedsoft.ai/events/55423-argentine-government-taxes-farmers-to-fund-spending-grain-central.md) | +2.1% | -3.8% |
| SBO | 2022-06-27 | [Food export bans, from India to Argentina, risk fueling inflation](https://feedsoft.ai/events/14025-food-export-bans-from-india-to-argentina-risk-fueling-inflation.md) | -4.6% | -13.0% |

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/55477/argentine-farmers-raise-concerns-over-linking-sovereign-bonds-to-food-exports

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