The Customs Collection and Control Agency (ARCA) confirmed that the cap of US $ 7,000 million was reached established by Decree 682/2025 to export grains and by -products without paying withholdings. This implied the immediate decline of the option of registering new affidavits of foreign sales (DJVE) under the benefit.
In practice, as of this Thursday, Exporting companies must re -pay the export rights aliquots that governed before the measure. The zero retentions scheme, which was planned until October 31 or until the quota exhausted, ended in advance.
The return to the previous scheme implies that each product will re -pay the following percentages:
This scheme is applied immediately to all the DJVE that are registered from now on, which marks a new scenario for the agro -export sector and for the grain market.
Record settlements in three days
The anticipated closure of the benefit did not surprise the market: The external sales volume was extraordinary. 90% of these currencies will be settled in the next three business days, which guarantees a significant injection of dollars in the official market.
The soy and its derivatives were the great protagonists. 4.72 million tons were registered in soybeans, 2.69 million tons of pore and 905,110 tons of soybean oil. 1.77 million tons of wheat, 952,500 corn and minor volumes of sunflower, barley and sorghum were also recorded.
From the Rosario Stock Exchange (BCR), they stressed that the measure was a strong incentive for the sector. “It was the first time since March 2002 that soybeans and its by -products had zero withholdings,” They pointed out.
However, the entity stressed that the cap of US $ 7,000 million was insufficient for the magnitude of the campaign. “At the current FOB price, the total value of the wheat, corn, soy and its derivatives that remain to be sold abroad to complete the export program exceeds US $ 9.7 billion. The quota fell short,” they warned.
With the return of retentions, producers and exporters must Recalculate margins and commercial strategies. The tax relief of these three days allowed an improvement in paid prices and sales acceleration, but now the sector faces the weight of the tax charge.
Source: Ambito
