The grains of the fine harvest will maintain the minor aliquots of export rights until March 31, 2026. The land is raided so that next Tuesday the retentions to soybeans and corn are raised.
The government officially made the extension of retentions reduced for barley and wheattwo crops whose planting is in full development and that are harvested towards the end of the year. The lowest export rights window announced at the beginning of this year closes on June 30. Thus, having not extended the validity to soy and corn, Everything is raided so that, starting next Tuesday, the aliquots in these grains will rise again and its derivatives.
The measure was published this Friday in the Official Gazette through Decree 439/2025, which establishes that Retentions to wheat and barley will remain until March 31, 2026 in 9.5% that wheat and barley have.
On the other hand, unless a last moment change is announced, The soy will be taxed by current 26% to 33% from July 1. Corn and sorghum, among other products, from 9.5% to 12%. Sunflower will go from 5.5% to 7%.
The truth is that the official decision, which had already been advanced by the officials, opens a interrogation sign for the future of the dollar. If in recent days the producers hurried to submit their sales statements to the exterior and to liquidate to sell grains and derivatives with the reduced aliquot, now A period of strong retraction of the admission of AGRODOLARS could be inaugurated, as different sources of the sector warn. How much would that scenario impact on the price of the currency?
Producer Eduardo Buzzi, formerly from the Agrarian Federation, said Friday, in C5N, that it is a confiscatory measure by the Government and warned that even “more than half of the harvest is without liquidating.”
More moderate, the Chamber of the Oil Industry and the Cereal Exporters Center (Ciara-CEC) valued the extension of the reduced aliquots for wheat and barley, although it warned that it will work “together with the producers’ entities to achieve the elimination of all export rights and advance in a gradual and consecutive decrease in export rights for soybeans and the products processed in their complex export agroindustrial “.
Withholdings: What does the decree say?
The decree, which carries the signature of Javier Milei, Guillermo Francos and Luis Caputo, extends until March 31, 2026 the window of retentions reduced for wheat and barley. Nothing says of soybeans, corn, sorghum and sunflower, for example, whose export rights would be increased since July 1.
To access the aliquot less than 9.5%, Wheat and barley exporters must liquidate at least 90% of currencies within a period of up to 30 business days since the affidavit of sale abroad (DJVE) corresponding. This requirement can be met through export charges, liquidation advances or external prefinancing and postfinance assumptions. Until here the deadline was 15 days, although it covered many more products.
Source: Ambito
