Paraguay: Oilseeds and Products Annual

Paraguay’s soybean production is forecast to rebound to 10.9 million metric tons (MMT) in MY2025/26 on improved weather and modest acreage gains, following weather-driven losses the previous year. Crush is projected to rise to 3.4 MMT with higher domestic supply and improved crush margins. Soymeal and soy oil production are set to climb in tandem, with exports continuing to dominate. However, the industry remains constrained by rising input costs, limited credit, and chronic transport bottlenecks due to persistently low river levels that hinder barge logistics. Exports are expected to rise to 7.2 MMT, but future growth will depend almost entirely on the whims of Argentina’s situation in addition to global prices and climactic conditions throughout the growing season.