# Corn Markets Under Pressure – Profit-Taking and Argentina’s Export Tax Cut Weigh on Prices - Commodity Board Europe is an independent commodity market intelligence platform providing global production data, price insights and market analysis for agricultural and food commodities.

> CBOT and Euronext corn futures declined on Monday after Argentina cut its export tax on corn, with profit-taking adding pressure. Euronext corn also fell on a stronger euro and weak wheat, while South American weather remained a watched factor.

- Date: 2025-02-20 · published 2025-02-20T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/6195-corn-markets-under-pressure-profit-taking-and-argentina-s-export-tax-cut-weigh
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A lower Argentine export tax boosts Argentine corn competitiveness in export markets, increasing global supply and pressuring prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- EURUSD: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2025-02-28 | 5 | -5.5% | -3.1 | Argentina's export tax cut raises competing export supply and with profit-taking weighed on corn, but timing falls just before the 5-day window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-07-11 | [Corn Was King: The Transition to Soy in U.S. Production Agriculture - Center for Commercial Agriculture](https://feedsoft.ai/events/15197-corn-was-king-the-transition-to-soy-in-u-s-production-agriculture-center-for.md) | -0.9% | -1.6% |
| CORN | 2019-09-30 | [Lack of Funding for U.S. Internal Waterways System Threatens to Damage Agricultural Production and Shipping - FreightWaves](https://feedsoft.ai/events/57252-lack-of-funding-for-u-s-internal-waterways-system-threatens-to-damage.md) | -0.9% | +1.1% |
| CORN | 2025-12-09 | [Milei Is Cutting Export Taxes on Argentine Soy, Corn and Wheat - Bloomberg](https://feedsoft.ai/events/13819-milei-is-cutting-export-taxes-on-argentine-soy-corn-and-wheat-bloomberg.md) | +0.1% | +0.5% |
| CORN | 2025-07-09 | [Corn vs Soy: Argentina’s Farmers Weigh Taxes, Margins in Planting Plans](https://feedsoft.ai/events/13847-corn-vs-soy-argentina-s-farmers-weigh-taxes-margins-in-planting-plans.md) | -1.4% | -2.6% |
| CORN | 2025-06-25 | [NDSU report projects rising export costs for U.S. agriculture under new port fees](https://feedsoft.ai/events/24402-ndsu-report-projects-rising-export-costs-for-u-s-agriculture-under-new-port-fees.md) | +2.3% | -2.8% |
| WHEAT | 2026-06-05 | [Argentina: Argentina Further Cuts Agricultural Export Taxes \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/13791-argentina-argentina-further-cuts-agricultural-export-taxes-usda-foreign.md) | -0.4% | +1.5% |
| WHEAT | 2025-12-09 | [Milei Is Cutting Export Taxes on Argentine Soy, Corn and Wheat - Bloomberg](https://feedsoft.ai/events/13819-milei-is-cutting-export-taxes-on-argentine-soy-corn-and-wheat-bloomberg.md) | +0.0% | +0.7% |
| WHEAT | 2025-06-25 | [NDSU report projects rising export costs for U.S. agriculture under new port fees](https://feedsoft.ai/events/24402-ndsu-report-projects-rising-export-costs-for-u-s-agriculture-under-new-port-fees.md) | +2.2% | -1.5% |

## Sources

- commodity-board.com: https://commodity-board.com/corn-markets-under-pressure-profit-taking-and-argentinas-export-tax-cut-weigh-on-prices/

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