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Argentina’s Agriculture Secretary Juan José Bahillo said export taxes on the agricultural sector could be replaced gradually with a more progressive system taxing income or assets tied to additional production. He said the transition would need to preserve government revenue, while criticizing the slow pace of crop-sale proceeds being brought into the country despite a preferential exchange rate.
A gradual reduction in export taxes could improve farm-gate returns and encourage Argentine producers to sell and export more grain and oilseeds, potentially increasing export supply and weighing on global prices. The proposed replacement system and gradual timeline mean the near-term impact remains uncertain.
monitorgremial.com.arNov 10, 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.
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.
