A new OECD report ranks Argentina last among 56 countries for agricultural producer support, with policies reducing producers' gross income by about 15% in 2025. Export duties are the main cause, and the study does not include the latest 2026 duty cuts or the scheduled cuts for 2027 and 2028.
Export taxes keep domestic prices below world prices, which limits Argentine soy and grain export competitiveness and planting incentives. The effect on world prices is modest because the report covers past policy rather than new changes.
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.
After 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.
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.