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Hernán Guibelalde, president of the Sociedad Rural de Junín, welcomed Javier Milei's announced cut in export duties on wheat, barley and soybeans, while saying many producers had hoped for a broader relief. He said the wheat and barley measure is meant to encourage the next fine-grain planting season amid tight margins and higher fertilizer costs.
He said the immediate impact on soybeans is limited because the cut would only start in 2027 and is tied to tax revenue levels.
Lower export taxes raise the net price Argentine farmers receive, which can encourage larger wheat and barley plantings and more soybean selling later. Because the soybean cut starts in 2027 and is conditional, the near-term price effect on soybean meal and oil is modest.
infonoroeste.com.arNov 4, 2026After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
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.
