Export Tax Relief Aids Argentina’s Soybean Trade

After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.

• Dec 30, 2016Argentina: New plan to reduce the export tax on soybean - Global Trade Alert-1.7%
• Jul 30, 2025Argentina to resume soybean exports after official tax cut – CIARA-CEC-1.3%
• Nov 28, 2017Soybean meal: lower export duties in Argentina+0.3%
• Oct 3, 2025Argentina Export Tax Shock Hits Grain Markets-0.1%
• Jun 4, 2018Argentina: Argentina’s Delay of Soybean Export Tax Reduction Unlikely | USDA Foreign Agricultural Service-5.1%

After 222 past bearish policy events, SBM moved a median -0.3% over 5 sessions (45% higher; middle half -2.1% to +1.2%), and -0.6% over 20.

• Dec 30, 2016Argentina: New plan to reduce the export tax on soybean - Global Trade Alert-2.3%
• Jul 30, 2025Argentina to resume soybean exports after official tax cut – CIARA-CEC+3.6%
• Nov 28, 2017Soybean meal: lower export duties in Argentina+2.5%
• Oct 3, 2025Argentina Export Tax Shock Hits Grain Markets-0.0%
• Jun 4, 2018Argentina: Argentina’s Delay of Soybean Export Tax Reduction Unlikely | USDA Foreign Agricultural Service-4.4%

After 351 past bearish policy events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.

• Dec 30, 2016Argentina: New plan to reduce the export tax on soybean - Global Trade Alert+0.7%
• Jul 30, 2025Argentina to resume soybean exports after official tax cut – CIARA-CEC-2.7%
• Oct 3, 2025Argentina Export Tax Shock Hits Grain Markets+2.1%
• Aug 18, 2020Argentina Mulls Cutting Export Tax for Soy Meal: Industry Group+1.2%
• Dec 5, 2022Lowered taxes to boost Argentine soyabean meal and oil exports-6.1%