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President Javier Milei told the Argentine Rural Society that his long-term plan is to eliminate export taxes on agricultural products. He cited tax reductions already made by his administration and said the farm sector had been unfairly burdened by previous governments.
Removing export taxes could raise farmgate returns and encourage Argentine crop production and exports, potentially weighing on competing export supplies over time. The promise has no timetable, so the immediate price impact is limited.
sonde.arRodrigo BeltránNov 6, 2026After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% over 20.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% 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.
