President Javier Milei announces new cuts to Argentina’s export duties on grains at the 172nd anniversary of the Buenos Aires Cereal Exchange, according to multiple outlets. He says the government will reduce export taxes on wheat and barley from 7.5% to 5.5%, with the change taking effect in June 2026. Both reports present the announcement as the second reduction to grain export taxes so far.

The Buenos Aires Herald adds that Milei frames the broader fiscal context as a condition for how and when taxes can be reduced further. He states that additional cuts would occur only when Argentina’s fiscal situation allows what he describes as permanent relief. Both sources also mention that he pledges further reductions in soy export taxes if he is re-elected, while the announced wheat and barley measures are tied to the June 2026 start date.