An OECD report ranks Argentina last among 56 countries for producer support, finding that government policies cut gross farm income by about 15% in 2025, mainly through export duties. The study does not yet include 2026 duty cuts or the scheduled 2027 and 2028 reductions.
Persistent export duties depress Argentine farm margins and can reduce planted area and crushing volumes, which affects global soymeal and soyoil supply; scheduled duty cuts would gradually ease this.
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.
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 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.