
Argentina's decree suspended export taxes on soy, corn, wheat and their by-products, including biodiesel, through the end of October or until declared exports reached $7 billion. The tax had been 26% on soybeans, 24.5% on soy oil and meal, and 9.5% on corn.
Soybean futures rose about $50 per ton after the announcement.
The tax cut encourages a rush of sales from Argentina, which can add near-term supply, but it also boosts exporter ability to pay and could lift prices. Analysts warned the rush could cap gains.
Setelah 356 peristiwa kebijakan bullish sebelumnya, Kedelai bergerak median +0,1% selama 5 sesi (53% lebih tinggi; separuh tengah -1,2% sampai +2,3%), dan -0,9% selama 20 sesi.
Setelah 318 peristiwa kebijakan bullish sebelumnya, Jagung bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -1,4% sampai +1,5%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.