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Sociedad Rural Argentina president Nicolás Pino said the government will not immediately remove all export duties, citing conditions that are not in place. Soy duties currently stand at 24%, down from 33% when the government began.
Expectations of gradual rather than immediate duty removal limit a near-term surge in Argentine export supply, leaving soymeal and soyoil prices supported in the short run.
infonoroeste.com.arNov 1, 2026After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% over 20.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
