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Córdoba closed the 2025/26 season with record corn production of around 26 million tons. The bumper harvest boosts feedstock availability for ethanol production.
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Argentina's soybean biodiesel exports to the EU nearly quadrupled in about three months, rising from 50,000 tonnes in the first half of 2026 to around 220,000-230,000 tonnes across reports, after the European Parliament on July 8 rejected a European Commission proposal to amend Regulation 2019/807 that would have classified soy as a high ILUC (indirect land use change) risk feedstock. EU-bound shipments had frozen from March as importers avoided regulatory risk; a coordinated effort by industry body Ciara-CEC, Argentina's foreign ministry and its EU embassy secured the Parliament's rejection, which importers took as clearance to resume buying. Ciara-CEC president Gustavo Idigoras projects full-year shipments to the EU could exceed 300,000 tonnes; the EU is Argentina's only biodiesel export market. Idigoras also noted that Black Sea-related diesel price rises made Argentine soy biodiesel more competitive in Europe. The regulatory debate is not over: the Commission must redraft the Regulation 2019/807 amendment.
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YPF, Argentina's state-majority oil company, confirmed on October 7 that the country will produce sustainable aviation fuel for the first time. Under a long-term deal with TotalEnergies, the French group will invest more than $400 million to convert the San Lorenzo refinery in Santa Fe province — idle since 2017 — into a biorefinery focused on SAF and renewable diesel, operated by Santa Fe Bio, a 50/50 joint venture between YPF and Essential Energy. The plant is expected to produce about 170,000 tonnes a year of SAF, HVO and other renewable fuels, with TotalEnergies buying most of the output. Construction runs in two phases: a pretreatment unit (about 30% advanced) and the final biorefinery, with operations targeted for the end of 2029.