Overview

• Secretary of Agriculture Sergio Iraeta urged continuity during the election period, saying Argentina is entering a process of order and normality.
• Banco Nación president Daniel Tillard said the bank prioritized financing for agricultural machinery and reported a 45% real increase in H1 2025 sales.
• Tillard attributed up to 12 percentage points of current lending rates to provincial and municipal levies and confirmed judicial actions against municipalities over service‑tax surcharges.
• CAFMA and AFAT called for a permanent dialogue mechanism with the state, citing a tax load of about 32% at the factory gate and roughly 48% by the time equipment reaches dealers, along with the need for competitive credit and lower export retentions.
• Industry leaders described a brief Expoagro‑driven sales peak followed by a slowdown tied to higher‑than‑expected financing rates and the reinstated retentions, highlighting an aging fleet with many harvesters over 10 years old and tractors over 15.