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At an event with the Argentine Rural Society, President Javier Milei said export taxes on agriculture would disappear in the long term. He pointed to reductions made by his government and said the exchange-rate gap, which had reached 200%, had also harmed the farm sector.
An eventual end to export taxes could improve Argentine farm returns and encourage crop exports, increasing available global supply over time. With no deadline or immediate policy change announced, near-term price effects are limited.
lanacion.com.arPilar VazquezNov 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.
