Argentina Export Tax Update The government this week announced a definitive — not temporary — reduction in export taxes for a series of agricultural products. Between January and July 2025, a temporary reduction had been in place. On 1 July, the export tax rates reverted to previous levels, but now the government has confirmed a new, permanent cut. The chart accompanying this report outlines the current rates and their recent changes.
Corn Argentina’s corn harvest progressed by 5 percentage points this week, bringing total progress to 84 percent. Yields are falling as more fields from northern regions are harvested, with the national average now at 7.3 MT/ha. In Buenos Aires province, harvest remains delayed d...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...