A group of agrobioindustry businesspeople from the Fundación Multiplicar presented candidates Javier Milei, Sergio Massa, Patricia Bullrich and Juan Schiaretti a 2024-2033 plan targeting US$91 billion in Argentine agro-industrial exports by 2030. The plan proposes lower export duties on soybeans and products (33% to 20%), sunflower (7% to 4%) and meats (9% to 5%), and a higher duty on corn (12% to 17%) to channel it into meat and biofuel production.
A proposed cut in Argentine soy export taxes would make Argentine soymeal and oil more competitive on world markets, while the higher corn duty would divert domestic corn into livestock and ethanol use. These are proposals only, so the price effect is limited for now.
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.
After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.