Argentina's biofuel industry was analyzed using a model to see how changes in prices and policies affect the economy. Higher international prices for biofuels and feedstocks would boost Argentina's economy. However, domestic biofuel mandates could lead to small economic losses as resources are diverted from exports to domestic use. Increasing export taxes would also reduce economic output but increase government revenue. Overall, higher prices for biofuels and feedstocks benefit Argentina, while domestic policies may have mixed effects on the economy.