# Macri hails agricultural 'miracle' at Agroexpo as record harvest looms | Buenos Aires Times

> President Macri announced new agricultural support policies at ExpoAgro 2019 and praised producers for recovering from the worst drought in 50 years. A record harvest is anticipated this year, and the government's crop export tax introduced last year was mentioned.

- Date: 2019-03-13 · published 2019-03-13T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/59940-macri-hails-agricultural-miracle-at-agroexpo-as-record-harvest-looms-buenos
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A record Argentine harvest expected this year points to larger soybean, meal and corn export supplies, which is bearish for world prices, while the export tax affects farmer selling decisions.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-07-26 | [Milei announces ‘permanent’ reduction in agricultural export duties - Buenos Aires Herald](https://feedsoft.ai/events/13848-milei-announces-permanent-reduction-in-agricultural-export-duties-buenos-aires.md) | -3.7% | +3.8% |
| SOY | 2025-10-03 | [Milei’s 48-hour tariff pause spurs record surge in crop exports \| Buenos Aires Times](https://feedsoft.ai/events/13829-milei-s-48-hour-tariff-pause-spurs-record-surge-in-crop-exports-buenos-aires.md) | -0.1% | +6.6% |
| SOY | 2018-11-03 | [Agri-business boom lifts economy, amid tax ire \| Buenos Aires Times](https://feedsoft.ai/events/61888-agri-business-boom-lifts-economy-amid-tax-ire-buenos-aires-times.md) | 0.0% | +3.5% |
| SOY | 2017-10-13 | [AgroPages-Record Soy carryover in Argentina expected to pressure prices-Agricultural news](https://feedsoft.ai/events/68306-agropages-record-soy-carryover-in-argentina-expected-to-pressure-prices.md) | -0.6% | -1.7% |
| SOY | 2020-09-29 | [Government mulls temporary cut on some crop export taxes \| Buenos Aires Times](https://feedsoft.ai/events/50971-government-mulls-temporary-cut-on-some-crop-export-taxes-buenos-aires-times.md) | +2.5% | +9.2% |
| CORN | 2025-07-26 | [Milei announces ‘permanent’ reduction in agricultural export duties - Buenos Aires Herald](https://feedsoft.ai/events/13848-milei-announces-permanent-reduction-in-agricultural-export-duties-buenos-aires.md) | +0.5% | +0.7% |
| CORN | 2025-10-03 | [Milei’s 48-hour tariff pause spurs record surge in crop exports \| Buenos Aires Times](https://feedsoft.ai/events/13829-milei-s-48-hour-tariff-pause-spurs-record-surge-in-crop-exports-buenos-aires.md) | +0.3% | +1.2% |
| CORN | 2018-11-03 | [Agri-business boom lifts economy, amid tax ire \| Buenos Aires Times](https://feedsoft.ai/events/61888-agri-business-boom-lifts-economy-amid-tax-ire-buenos-aires-times.md) | +1.8% | +1.4% |

## Sources

- batimes.com.ar: https://batimes.com.ar/news/economy/macri-hails-agricultural-miracle-at-agroexpo-as-record-harvest-looms.phtml

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