Dear All

Please be advised that the Argentine Government has officially announced by decree 38/2025 effective today, the Elimination and reduction of Export Duties on certain crops and for regional economies.

Export Duties for regional products like sugar, cotton, tobacco, rice, and bovine leather, among others will be eliminated completely (0%)

As for Wheat and Barley, it was announced an extension of the temporary reduction of Export Duties until March 31st, 2026.

However, this temporary extension does not apply to Soybeans, Sorghum, Corn, Sunflower, or their byproducts, whose export duties will return to the values ​​of January 2025 as from July 1st, 2025.

Please find summary of Export duties rates effective July 1st, 2025, as follows:

Best regards