Overview

• Horacio Marín announced on July 23 that YPF will tender a 50% stake and operational control of YPF Agro pending board approval.
• YPF Agro operates over 100 distributors nationwide and was Argentina’s ninth-largest soybean exporter in 2024.
• The agribusiness unit recorded a US$602 million loss on agricultural product sales in 2024, prompting the search for a sector specialist.
• Under the proposed mixed company, YPF would retain half the equity, keep the brand and secure exclusive gasoil supply rights with CFO oversight and strict governance.
• This divestment follows Plan Andes exits and underpins Plan 4x4 by freeing resources for Vaca Muerta development and LNG export growth.