Overview

• Decree 682/2025 suspended export duties until a US$7 billion cap in DJVE filings was reached, which occurred in roughly three days, after which normal rates returned.
• Data from the Sociedad Rural Argentina indicate producers’ direct sales totaled about US$2.28 billion, or roughly one-third of the declared value, with major trading houses capturing most of the benefit.
• Coalición Cívica deputies Victoria Borrego and Juan Manuel López formally asked Economy Minister Luis Caputo to confirm whether the declared goods existed and were in exporters’ possession at the time of registration.
• ARCA chief Juan Pazo defended the move, saying producers received about 15% higher prices and rejecting claims that only a handful of exporters benefited.
• Sector groups and provincial officials criticized the operation as a short-term cash and FX maneuver, citing DJVE rules that allow registrations up to 360 days before shipment and plans by governors to press for permanent policy changes.