# Blow for Fernández as crop windfall slips away | Buenos Aires Times

> Farmers in Cordoba and Santa Fe provinces have returned to the roads protesting new export duties and tax increases passed by the Fernandez administration. Protests include hundreds of tractors and vehicles converging near Rosario.

- Date: 2019-12-09 · published 2019-12-09T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/55424-blow-for-fernandez-as-crop-windfall-slips-away-buenos-aires-times
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Protests signal possible disruption to grain movement and farmer selling, but the duty increases themselves are the main price driver; the impact on prices is uncertain and likely modest.

## Read by commodity

- SBM: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-03-21 | [Dollar: market believes exchange rate unification will take time - Buenos Aires Herald](https://feedsoft.ai/events/31490-dollar-market-believes-exchange-rate-unification-will-take-time-buenos-aires.md) | -1.4% | -1.5% |
| SBM | 2025-01-21 | [Feed groups call for tax alignment \| Vietstock](https://feedsoft.ai/events/11803-feed-groups-call-for-tax-alignment-vietstock.md) | +0.9% | -0.7% |
| SBM | 2024-08-30 | ['Uncertainty' over government decision to postpone end of exchange restrictions - Buenos Aires Herald](https://feedsoft.ai/events/29080-uncertainty-over-government-decision-to-postpone-end-of-exchange-restrictions.md) | +3.0% | +4.7% |
| SBM | 2018-01-17 | [Leading Latin American college endorses use of GMO crops - Alliance for Science](https://feedsoft.ai/events/66942-leading-latin-american-college-endorses-use-of-gmo-crops-alliance-for-science.md) | +5.2% | +13.1% |
| SBM | 2023-11-15 | [Argentina restarts 'crawling peg' to let currency weaken for first time since August \| Reuters](https://feedsoft.ai/events/33460-argentina-restarts-crawling-peg-to-let-currency-weaken-for-first-time-since.md) | -2.1% | -9.7% |
| CORN | 2017-08-01 | [Lessons from Mexico to Canada: GM Crops as Threats to Indigenous Ways of Life - ABS Canada](https://feedsoft.ai/events/69421-lessons-from-mexico-to-canada-gm-crops-as-threats-to-indigenous-ways-of-life.md) | +0.4% | -8.1% |
| CORN | 2019-05-21 | [U.S. to favour soybeans in trade war aid for farmers - Bloomberg](https://feedsoft.ai/events/58949-u-s-to-favour-soybeans-in-trade-war-aid-for-farmers-bloomberg.md) | +2.4% | +10.9% |
| CORN | 2023-11-09 | [Farmers want more money for crop support programs included in Farm Bill : NPR](https://feedsoft.ai/events/33149-farmers-want-more-money-for-crop-support-programs-included-in-farm-bill-npr.md) | -1.5% | -1.0% |

## Sources

- batimes.com.ar: https://batimes.com.ar/news/economy/blow-for-alberto-fernandez-as-crop-windfall-slips-away.phtml

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