Paraguay: Grain and Feed Annual

Paraguayan wheat exports in marketing year (MY) 2022/2023 are forecast up at 280,000 metric tons as a result of a projected larger production of 1 million metric tons (MMT). Post projects a similar acreage, but somewhat higher yields. Exports of corn in MY 2022/2023 are forecast at 2.8 MMT as production returns to more normal levels. In MY 2021/2022 corn planted acreage, production, and exports are all forecast at record levels with 6.4 MMT of production on 1.2 million hectares, leading to projected exports of 4.4 MMT. Exports of rice in MY 2022/2023 are forecast to recover to 630,000 metric tons, milled basis, following disappointing results in MY 2021/2022, when a severe drought negatively affected production and are expected to lower exports to 500,000 metric tons.