{"id":39116,"date":"2025-09-23T16:38:09","date_gmt":"2025-09-23T16:38:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/39116\/"},"modified":"2025-09-23T16:38:09","modified_gmt":"2025-09-23T16:38:09","slug":"china-traders-book-argentine-soy-after-mileis-export-tax-break","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/39116\/","title":{"rendered":"China Traders Book Argentine Soy After Milei\u2019s Export Tax Break"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">China-based trading firms snapped up 10 cargoes of Argentine soybeans in a rare buying spree this week, adding to the nation\u2019s reliance on South American supply as it avoids US crops, according to people with knowledge of the matter.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The move came after President Javier Milei\u2019s government on Monday announced <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-09-22\/dollar-hungry-milei-pauses-crop-tariffs-ahead-of-argentine-vote\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">the temporary suspension<\/a> of export taxes on many of the country\u2019s key crops, in an effort to boost the supply of dollars in the foreign-exchange market and ease pressure on the peso. Exempt from those taxes, soybean farmers will reap, in pesos, an extra 25% for each dollar they get in revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"China-based trading firms snapped up 10 cargoes of Argentine soybeans in a rare buying spree this week, adding&hellip;\n","protected":false},"author":2,"featured_media":39117,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[2300,4177,138,6056,607,219,14934,266,31043,220,111,139,69,2373,22288,2988],"class_list":["post-39116","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-asia","tag-beijing","tag-business","tag-chicago","tag-china","tag-economy","tag-farming","tag-government","tag-javier-milei","tag-markets","tag-new-zealand","tag-newzealand","tag-nz","tag-taxes","tag-us-dollar-spot","tag-washington"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/39116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=39116"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/39116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/39117"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=39116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=39116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=39116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}