# DOC lowers duties on Argentina biodiesel | 2019-07-09 | Agri-Pulse | Agri-Pulse Communications, Inc.

> The US Department of Commerce agreed to reduce countervailing duties on Argentine biodiesel after Argentina cut its soybean export taxes. Anti-dumping duties were left unchanged, and US soybean groups criticized the decision.

- Date: 2019-07-10 · published 2019-07-10T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/58195-doc-lowers-duties-on-argentina-biodiesel-2019-07-09-agri-pulse-agri-pulse
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower duties could allow more Argentine biodiesel into the US, competing with domestic soybean oil demand and weighing on soyoil prices.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-02-12 | [EU exempts eight Argentine biodiesel producers from duties](https://feedsoft.ai/events/60683-eu-exempts-eight-argentine-biodiesel-producers-from-duties.md) | -1.7% | -1.5% |
| SBO | 2024-07-10 | [Oilseed industry worries rise in imported feedstock will undermine U.S. producers \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15203-oilseed-industry-worries-rise-in-imported-feedstock-will-undermine-u-s.md) | -1.3% | -6.8% |
| SBO | 2019-01-09 | [COFCO shutters soybean oil refining plant in Argentina \| 2019-01-09  \| World Grain](https://feedsoft.ai/events/61202-cofco-shutters-soybean-oil-refining-plant-in-argentina-2019-01-09-world-grain.md) | +0.2% | +9.7% |
| SBO | 2019-07-03 | [ASA Disappointed in Commerce Decision to Reduce Duties on Subsidized Biodiesel Imports - American Soybean Association](https://feedsoft.ai/events/58197-asa-disappointed-in-commerce-decision-to-reduce-duties-on-subsidized-biodiesel.md) | +1.1% | +0.3% |
| SBO | 2017-09-11 | [US biodiesel duties could hit grain market \| The Land \| NSW](https://feedsoft.ai/events/68828-us-biodiesel-duties-could-hit-grain-market-the-land-nsw.md) | -0.1% | -5.4% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/12398-doc-lowers-duties-on-argentina-biodiesel

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