Overview

• Exporters filed DJVE for $4.1809 billion and 11.46 million tonnes in three days, about 60% of the $7 billion cap set under Decree 682/2025.
• The soy complex led registrations—4.72 Mt of meal ($1.36b), 2.69 Mt of beans ($1.05b) and 0.91 Mt of oil ($0.94b)—with wheat at 1.77 Mt ($0.39b) and corn at 0.95 Mt ($0.19b).
• Agriculture’s Resolution 184/2025 granted a 360‑day extension for DJVE registered before the measure to avoid logistical bottlenecks and preserve commercial flow.
• Customs rule RG 5761/2025 requires exporters to repatriate at least 90% of FX within three business days of the export permit or lose the 0% rate for that shipment.
• After U.S. Treasury Secretary Scott Bessent’s comment created uncertainty and briefly stalled bids, Casa Rosada reaffirmed the 0% regime remains in force until October 31 or until $7 billion in registrations are reached; analysts flagged soy‑driven primarization and higher feed costs, with provinces like Mendoza seeing little direct impact.