Overview

• An official decree sets export duties at 0% for all grains and for bovine and poultry meats until October 31, 2025, or until DJVE registrations total US$7 billion, whichever comes first.
• Exporters must repatriate at least 90% of foreign‑currency proceeds within three business days of filing DJVEs, with enforcement by Agriculture, ARCA and the Central Bank.
• Economy Minister Luis Caputo met agro‑exporter groups to finalize technical implementation so the scheme becomes operational in the coming days.
• Financial markets rallied after the announcement, with a drop in the official dollar and gains in Argentine stocks and bonds alongside lower country risk.
• Industry chambers welcomed the tax holiday and asked for permanence, while many producers and regional leaders warned the short window mainly benefits large exporters and leaves farmers who already sold with little upside.