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How much soybean oil will Argentine biodiesel produce in 2026?
The production of soybean oil in 2026/2026 is also forecast up from the previous year. The Argentine biodiesel industry is forecast to use in 2026 approximately 1.46 million tons of soybean oil to meet its needs for the local and export markets. Biodiesel exports in 2026 are projected up at 800 million liters.
How is soybean oil used in biodiesel production?
Soybean oil is almost the sole feedstock used in biodiesel production. It is mostly supplied by large exporting companies that have crushing plants to export biodiesel, meal, and oil when not used for biodiesel. Medium and small companies normally buy vegetable oil from the large crushers.
How much soybean production in 2026/2026?
Post forecasts soybean production at 51 million metric tons (MMT) in marketing year (MY) 2026/2026 as production returns to assuming good weather in the year ahead and increased soy planting at the expense of wheat and corn, particularly in late or second crop soy.
Which country exports the most soybean oil?
Currently, is the leading Soybean oil exporting country with an export volume of about ~5.1 million metric tons. Argentina's soybean production is forecast at 53.0 million tons, down 3.0 million from the revised 2018/19 forecast due to a lower trend yield and bad rainfall.
How many liters of biodiesel did Argentine export in 2026?
Argentine biodiesel exports in January to May 2026 totaled 155 million liters. Production capacity in 2026 has remained practically unchanged for the past 5 years, with no new investment in the foreseeable future.
How has soybean production changed over the past decade?
In the past decade, domestic production increased at a sustained pace: soybean sown area grew at an average 9% per annum, from 7.2 million hectares (17,791,590 acres) in 1997/98 to 16.1 million hectares (39,783,970 acres) in 2006/07. Production for those years was 18.7 million and 47.5 million tons, respectively.