# Milei announces export duty cut and ties further reductions to his re-election - Nueva Data R4

> At the Buenos Aires Grain Exchange, President Javier Milei announced that Argentina's export duty on wheat and barley will fall from 7.5% to 5.5% from June. He also outlined a gradual soybean duty reduction of 0.25 to 0.50 percentage points per month from January 2027 to 2028, conditional on tax revenue and the 2027 election result.

- Date: 2026-11-11 · published 2026-11-12T07:35:49.493Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/95188-milei-announces-export-duty-cut-and-ties-further-reductions-to-his-re-election
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Argentine export duties on wheat, barley and eventually soybeans would make Argentine exports cheaper and more competitive, adding supply to world markets and pressuring international prices. The soybean cut is conditional and years away, so the near-term effect is modest.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 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) | +4.2% | +7.4% |
| WHEAT | 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) | +0.0% | +0.7% |
| WHEAT | 2025-02-20 | [Corn Markets Under Pressure – Profit-Taking and Argentina’s Export Tax Cut Weigh on Prices - Commodity Board Europe is an independent commodity market intelligence platform providing global production data, price insights and market analysis for agricultural and food commodities.](https://feedsoft.ai/events/6195-corn-markets-under-pressure-profit-taking-and-argentina-s-export-tax-cut-weigh.md) | -0.5% | +0.6% |
| WHEAT | 2026-06-05 | [Argentina: Argentina Further Cuts Agricultural Export Taxes \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/13791-argentina-argentina-further-cuts-agricultural-export-taxes-usda-foreign.md) | -0.4% | +1.5% |
| WHEAT | 2026-04-20 | [India doubles wheat export quota to 5 million tonnes - The HinduBusinessLine](https://feedsoft.ai/events/19701-india-doubles-wheat-export-quota-to-5-million-tonnes-the-hindubusinessline.md) | -0.3% | +0.0% |
| SBM | 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) | +0.1% | +10.0% |
| SBM | 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) | +3.3% | +8.6% |
| SBM | 2026-06-02 | [Argentina to Gradually Reduce Export Taxes on Ag Products](https://feedsoft.ai/events/13794-argentina-to-gradually-reduce-export-taxes-on-ag-products.md) | -8.7% | -9.3% |

## Sources

- nuevadatar4.com.ar: https://nuevadatar4.com.ar/nota/1871/milei-anuncio-una-baja-de-retenciones-y-ato-nuevas-reducciones-a-su-reeleccion/

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