Fine Harvest: From the Farm They Celebrate the Reduction of Retentions as a “Very Successful” Measure

“The producer has a natural optimism. In addition, there is a management of the soil that forces to rotate crops,” explained Martín Biscaisaque, president of Argentrigo. Read more

After 17, the Minister of Economy, Luis Caputo, shook Tuesday afternoon by announcing, through social network X, the government’s decision to maintain the reduction of retentions for wheat and barley after June 30, and until March 31, 2026. At the same time, in the Goldencenter complex of the Autonomous City of Buenos Aires, the AmCham Summit 2025 was in full development, under the slogan “A competitive Argentina”.

Argentina has extended tax breaks on wheat and barley exports until March 2024, excluding soybeans and corn.

The Minister of Economy clarified that this measure will not apply to soy, corn, sunflower, sorghum and all its by-products. But the agroexporters and governors will press to extend the benefit to the rest of the products. The government desperate for foreign exchange had to extend the prize for agricultural employers. The government extended the reduction of retentions for wheat and barley, whose planting schedule is in progress, which expires …

The Minister of Economy, Luis “Toto” Caputo, announced that in the second half of 2025 the temporary reduction of export duties for wheat and barley will continue, which in principle was to end on June 30th. Thus, the current aliquot of 9.5% for cereals will continue, according to the minister, until March 31, 2026, that is, about four months after the beginning of the wheat harvest, which is the main Argentine winter crop.

The government will extend the temporary reduction of retentions for the fine harvest - wheat and barley - until March 31, 2026, announced the Minister of Economy, Luis Caputo.The measure does not reach the soy, corn, sunflower, sorghum and all its by-products, which from July 1 will pay again export rights at the beginning of the year."The exports of these products and their derivatives accumulate about US$ 4 billion per year, about 5% of the t…