# Milei Promises to Eliminate Export Taxes on Agriculture in the Long Term

> 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.

- Date: 2026-11-06 · published 2026-11-07T01:37:00.384Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/85362-milei-promises-to-eliminate-export-taxes-on-agriculture-in-the-long-term
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-02-25 | [China living up to trade deal promises, Biden's agriculture secretary says](https://feedsoft.ai/events/48474-china-living-up-to-trade-deal-promises-biden-s-agriculture-secretary-says.md) | -0.9% | +0.6% |
| SOY | 2024-07-11 | [Corn Was King: The Transition to Soy in U.S. Production Agriculture - Center for Commercial Agriculture](https://feedsoft.ai/events/15197-corn-was-king-the-transition-to-soy-in-u-s-production-agriculture-center-for.md) | -3.9% | -10.6% |
| SOY | 2021-07-12 | [FAO explores due diligence processes that reduce deforestation from agriculture](https://feedsoft.ai/events/46091-fao-explores-due-diligence-processes-that-reduce-deforestation-from-agriculture.md) | +3.6% | +1.3% |
| SOY | 2026-06-01 | [Latest U.S.-China Agriculture Talks Expand Purchasing Pledges Beyond Soybeans](https://feedsoft.ai/events/14569-latest-u-s-china-agriculture-talks-expand-purchasing-pledges-beyond-soybeans.md) | -5.0% | -4.5% |
| SOY | 2020-02-24 | [The 2020 Outlook for U.S. Agriculture From USDA’s Chief Economist - Farm Policy News](https://feedsoft.ai/events/54630-the-2020-outlook-for-u-s-agriculture-from-usda-s-chief-economist-farm-policy.md) | -0.8% | -3.1% |
| SBM | 2022-03-19 | [Argentina hikes export tax on soy oil, meal to 33% to combat inflation](https://feedsoft.ai/events/14044-argentina-hikes-export-tax-on-soy-oil-meal-to-33-to-combat-inflation.md) | +1.4% | -3.3% |
| SBM | 2019-12-16 | [Wheat leads on trade deals, export taxes, weather - Brownfield Ag News](https://feedsoft.ai/events/6295-wheat-leads-on-trade-deals-export-taxes-weather-brownfield-ag-news.md) | +0.8% | +0.6% |
| SBM | 2021-02-04 | [Argentina does not rule out an increase in grains export taxes - media](https://feedsoft.ai/events/48457-argentina-does-not-rule-out-an-increase-in-grains-export-taxes-media.md) | -2.4% | -3.6% |

## Sources

- sonde.ar: https://www.sonde.ar/articulo/milei-prometio-que-las-retenciones-desapareceran-en-el-largo-plazo

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.