The latest examples include the export incentive programs introduced during former President Alberto Fernández’s administration — popularly known as the soy dollar exchange-rate scheme — and the temporary export tax cuts implemented by President Javier Milei’s government last year. However, during the first half of 2026 — the period when most of the harvest is typically marketed — soybean sales fell short of historical levels. “For that reason, producers had no additional incentive to sell more,” unlike last year, when temporary export tax cuts during the first half of 2025 encouraged sales. On top of that, there’s already a schedule in place for further export tax reductions in 2027,” Romano said. The industry group emphasized that the temporary export tax cuts in the first half of 2025 “accelerated producers’ sales.”