Overview
- ARCA said the $7 billion registration cap under Decree 682/2025 was reached and disabled new DJVE under the benefit, restoring prior export duty rates immediately.
- Grain and subproduct exports now pay the pre-existing alícuotas again, including about 26% for soybeans, 12% for wheat and 9.5% for corn, according to published schedules.
- The zero-duty regime for bovine and avian meat remains active without a cap until October 31 under Decree 685/2025, the presidential spokesperson clarified.
- Registrations were concentrated among major trading houses such as Bunge, LDC, COFCO, Viterra and Cargill, according to market data cited in the coverage.
- Producer groups complained that the brief window excluded many farmers, while ARCA chief Juan Pazo said the measure achieved its objective as U.S. Treasury Secretary Scott Bessent publicly urged ending commodity tax exemptions.