Buenos Aires Herald 
Argentina’s tax collection agency ARCA reported on Wednesday night that agricultural sector exports have reached the US$7 billion cap the government had set for exporting goods with zero export taxes. The tax break will remain in place for beef and poultry exports until October 31, presidential spokesman Manuel Adorni clarified online.
“The US$7 billion quota established by Decree 682/2025 has been reached, so the option to register Foreign Sales Affidavits (DJVE, for its Spanish initials) under the benefits of this decree has been discontinued,” read ARCA’s post on X. “From now on, DJVEs can only be submitted under the regulations that were in effect prior to Decree 682/2025,” it added.
A decree published on Monday eliminated export duties on key agricultural products until October 31, or until US$7 billion’s worth of products have been exported. It took only three days for the government to accomplish that goal.
The sales peak was recorded on Wednesday, due to confusion in the market regarding statements made by U.S. Treasury Secretary Scott Bessent. The U.S. official claimed that his country’s authorities were “working with the Argentine government to end the tax holiday for commodity producers converting foreign exchange.”
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According to numbers by the Rosario Stock Exchange, the agricultural sector exported a record 11.47 million tons of grains, oilseeds, and byproducts, valued at US$4.1 billion, on Wednesday alone — 60% of the cap established by the decree.
With the end of the pause in export duties, agricultural exports will again be taxed according to the regular scheme that was in force until last Friday: soybeans 26%; soybean meal and oil 24.5%; corn, wheat, barley, and sorghum 12%; sunflower 5%; and sunflower oil 4%.
