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President Javier Milei reaffirmed his government’s goal of reducing taxes and ultimately eliminating export duties on agricultural products. He made the pledge at a meeting of the Argentine Rural Society, where he also defended his economic program and highlighted the role of private-sector producers.
Removing export duties could improve Argentine farmers’ returns and encourage production and exports, potentially increasing global grain and oilseed supply and weighing on international prices. The pledge has no stated timeline, so the effect is prospective.
agrohoy.com.arAgroNov 9, 2026After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 122 past bearish policy events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +1.2%), and +0.4% over 20.
After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% 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.
