Argentina taxes grain exports again

Argentina has once again taxed grain exports and their agro-industrial derivatives, after reaching the sales limit of $7 billion, which would trigger the temporary suspension of the rates, said the tax collection agency Arca on its social media account X. In this way, exports of soybeans and their derivatives from Argentina return to having rates of 26% and 24.5%, respectively, and those of corn at 9.5%, after less than three days of having the benefit of not being taxed, announced on Monday by the Argentine Government. "Arca informs that the registration of the quota of $7 billion provided for by decree 682/2025" that temporarily eliminated the export tax has been reached, noted the state agency on X. "Therefore, the option to register the Sworn Statements of Foreign Sales that are covered by the benefit of the aforementioned decree has been canceled. From now on, they can only be registered under the previous scheme in force before the decree," it added. The presidential decree ...