# Milei again promised zero export taxes, but announced no new cuts for farmers

> President Javier Milei reiterated at a Sociedad Rural Argentina meeting that his goal is to eliminate agricultural export taxes. He said further tax reductions would depend on maintaining a fiscal surplus and projected US$500 billion in tax relief through 2031, but announced no new cuts or timeline for ending the duties.

- Date: 2026-11-07 · published 2026-11-09T07:36:05.552Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/89041-milei-again-promised-zero-export-taxes-but-announced-no-new-cuts-for-farmers
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A future removal of export taxes could support Argentine export volumes and add to global grain and oilseed supply, weighing on prices. The pledge is conditional on fiscal surpluses and provides no date for implementation.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-08-01 | [Argentina Announced a Permanent Reduction in Export Taxes; and more news about Latin American agriculture](https://feedsoft.ai/events/13840-argentina-announced-a-permanent-reduction-in-export-taxes-and-more-news-about.md) | +1.0% | +6.9% |
| SOY | 2018-07-24 | [USDA announces $12 billion in programs for farmers affected by trade war - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/64020-usda-announces-12-billion-in-programs-for-farmers-affected-by-trade-war-agweek.md) | +3.2% | +4.0% |
| SOY | 2025-12-09 | [Milei Is Cutting Export Taxes on Argentine Soy, Corn and Wheat - Bloomberg](https://feedsoft.ai/events/13819-milei-is-cutting-export-taxes-on-argentine-soy-corn-and-wheat-bloomberg.md) | -2.0% | -3.7% |
| SOY | 2025-07-26 | [Milei announces ‘permanent’ reduction in agricultural export duties - Buenos Aires Herald](https://feedsoft.ai/events/13848-milei-announces-permanent-reduction-in-agricultural-export-duties-buenos-aires.md) | -3.7% | +3.8% |
| SOY | 2019-05-23 | [USDA Announces Support for Farmers Impacted by Unjustified Retaliation and Trade Disruption](https://feedsoft.ai/events/5441-usda-announces-support-for-farmers-impacted-by-unjustified-retaliation-and.md) | +7.3% | +10.5% |
| CORN | 2018-07-24 | [USDA announces $12 billion in programs for farmers affected by trade war - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/64020-usda-announces-12-billion-in-programs-for-farmers-affected-by-trade-war-agweek.md) | +1.7% | +1.4% |
| CORN | 2025-12-09 | [Milei Is Cutting Export Taxes on Argentine Soy, Corn and Wheat - Bloomberg](https://feedsoft.ai/events/13819-milei-is-cutting-export-taxes-on-argentine-soy-corn-and-wheat-bloomberg.md) | +0.1% | +0.5% |
| CORN | 2025-07-26 | [Milei announces ‘permanent’ reduction in agricultural export duties - Buenos Aires Herald](https://feedsoft.ai/events/13848-milei-announces-permanent-reduction-in-agricultural-export-duties-buenos-aires.md) | +0.5% | +0.7% |

## Sources

- ruralnet.com.ar: https://ruralnet.com.ar/milei-retenciones-sociedad-rural-noviembre-2026/

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