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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.
Post projects marketing year (MY) 2024/2025 soybean production at 10.3 million metric tons (MMT) with increased planted area of to 3.59 million hectares on increased second crop planting.
Post projects marketing year (MY) 2023/2024 soybean production at 10 million metric tons (MMT) as planted area rises to 3.55 million hectares and Paraguay returns to trend for yield. MY 2023/2024 exports are projected at 6.4 MMT.
Post projects marketing year (MY) 2022/2023 soybean production at 10 million metric tons (MMT) on 3.45 million hectares as Paraguay rebounds to more normal conditions following a significant drought. MY 2022/23 exports are projected at 6 MMT.
A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.
2021/2022 Paraguayan soybean production is projected at 10
For marketing year (MY) 2021/22 oilseeds will continue to remain a top planting choice for Ukrainian farmers due to higher profitability compared to grains
Export VAT refunds for soybeans and rapeseed have been officially reestablished for all exporters. This should foster lower soybean crush numbers for marketing year (MY) 2020/21.
For 2020/21 oilseeds will remain a top choice for Ukrainian farmers due to higher profitability compared to grains.
Paraguay 2020/2021 soybean production is forecast at 10.25 million tons with expected normal yields and a slight expansion in first crop soybeans and rebounded acreage for second crop soybeans.
Soybean crush and subsequent oil and meal exports are on the rise for MY2018/19 due to recent changes in Ukraine’s domestic tax policy.
2019/20 Paraguayan soybean area is expected to increase minimally to 3.57 million hectares. Production is forecast to recover to 10 million tons as yields will return to historical averages after....