# Mercosur-EU Agreement Requires Export Duties to Be Eliminated by May 2029

> President Javier Milei reiterated his intention to eliminate Argentina’s agricultural export duties. Under Law 27.800/2026, implementing the Mercosur-EU agreement, export duties must be removed by May 2029, while the soybean complex has specified duty caps during the transition.

- Date: 2026-11-09 · published 2026-11-10T13:36:14.387Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/91838-mercosur-eu-agreement-requires-export-duties-to-be-eliminated-by-may-2029
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Phasing out export taxes could encourage Argentine production and exports, increasing global availability of affected crops and potentially weighing on international prices over time.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-15 | [The Government reduces export duties on some agro-industrial products to zero](https://feedsoft.ai/events/14068-the-government-reduces-export-duties-on-some-agro-industrial-products-to-zero.md) | +3.9% | +10.5% |
| 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 | 2017-11-28 | [Soybean meal: lower export duties in Argentina](https://feedsoft.ai/events/67812-soybean-meal-lower-export-duties-in-argentina.md) | +0.3% | -3.7% |
| SOY | 2023-01-16 | [MEPs approve Parliament/Council agreement on ‘imported deforestation’ EU regulation \| AGENCE EUROPE](https://feedsoft.ai/events/37812-meps-approve-parliament-council-agreement-on-imported-deforestation-eu.md) | -3.1% | +0.3% |
| SOY | 2022-12-06 | [EU agrees law preventing import of goods linked to deforestation \| Reuters](https://feedsoft.ai/events/38273-eu-agrees-law-preventing-import-of-goods-linked-to-deforestation-reuters.md) | +1.6% | +2.8% |
| CORN | 2021-12-15 | [The Government reduces export duties on some agro-industrial products to zero](https://feedsoft.ai/events/14068-the-government-reduces-export-duties-on-some-agro-industrial-products-to-zero.md) | -3.5% | +1.2% |
| 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% |
| CORN | 2017-08-31 | [Import duties for maize, sorghum and rye updated \| AGENCE EUROPE](https://feedsoft.ai/events/69511-import-duties-for-maize-sorghum-and-rye-updated-agence-europe.md) | +3.9% | +4.5% |

## Sources

- axi.com.ar: https://axi.com.ar/agro/el-acuerdo-mercosur-ue-exige-eliminar-retenciones-para-mayo-de-2029

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