Argentina Export Tax Reform The Argentine government announced a new long-term schedule for reducing export taxes ("retenciones"), one of the main policy tools affecting agricultural profitability and farmer selling decisions. Export taxes are applied directly to export values and have historically had a significant impact on local grain prices and planting incentives. For the winter crop campaign, export duties on wheat and barley will be reduced from 7.5 percent to 5.5 percent starting in June 2026, representing a 2-percentage-point cut aimed at encouraging planting for the current season. For coarse grains, the government confirmed a progressive reduction program beginning in January 2027. Soybeans, currently taxed at 33 percent, and soy...