# Argentina raise taxes on corn, wheat and soybean exports | Farm Online | ACT

> Argentina raised export taxes on soybeans, soybean oil and soybean meal from 24.7% to 30%. Taxes on corn and wheat rose from 6.7% to 12%.

- Date: 2019-12-24 · published 2019-12-24T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/55425-argentina-raise-taxes-on-corn-wheat-and-soybean-exports-farm-online-act
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [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

Higher export taxes tend to slow Argentine farmer selling and reduce export volumes, which tightens world supply of corn, wheat, and soy products. This supports prices for these commodities in global markets.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-01-05 | [Corn, soybean futures rally on low supply, Argentina export ban - Fastmarkets](https://feedsoft.ai/events/11543-corn-soybean-futures-rally-on-low-supply-argentina-export-ban-fastmarkets.md) | +4.4% | +2.9% |
| SOY | 2022-12-05 | [Lowered taxes to boost Argentine soyabean meal and oil exports](https://feedsoft.ai/events/13993-lowered-taxes-to-boost-argentine-soyabean-meal-and-oil-exports.md) | +3.1% | +3.4% |
| SOY | 2025-09-25 | [U.S. grains: Soybean futures edge up as Argentina ends export tax waiver \| Farmtario](https://feedsoft.ai/events/13833-u-s-grains-soybean-futures-edge-up-as-argentina-ends-export-tax-waiver-farmtario.md) | +0.4% | +2.6% |
| SOY | 2022-01-20 | [Argentinian soybean and corn farmers could get full relief from export taxes until Dec. 31, 2022 20.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/14061-argentinian-soybean-and-corn-farmers-could-get-full-relief-from-export-taxes.md) | +3.5% | +14.1% |
| SOY | 2025-06-28 | [Argentina reinstates higher export duties for soybeans and corn - Buenos Aires Herald](https://feedsoft.ai/events/13853-argentina-reinstates-higher-export-duties-for-soybeans-and-corn-buenos-aires.md) | +0.4% | -3.8% |
| SBM | 2022-03-20 | [Argentina raises export duties on soybean oil and flour from 31 to 33% - Infobae](https://feedsoft.ai/events/14049-argentina-raises-export-duties-on-soybean-oil-and-flour-from-31-to-33-infobae.md) | +1.4% | -3.3% |
| SBM | 2022-01-20 | [Argentinian soybean and corn farmers could get full relief from export taxes until Dec. 31, 2022 20.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/14061-argentinian-soybean-and-corn-farmers-could-get-full-relief-from-export-taxes.md) | +0.2% | +11.1% |
| SBM | 2025-06-28 | [Argentina reinstates higher export duties for soybeans and corn - Buenos Aires Herald](https://feedsoft.ai/events/13853-argentina-reinstates-higher-export-duties-for-soybeans-and-corn-buenos-aires.md) | -1.2% | -1.4% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6554209/argentina-raise-taxes-on-corn-wheat-and-soybean-exports/

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