Paraguay: Oilseeds and Products Annual

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 a drought during the 2018/19 season. Rising soybean exports to Argentina are expected to remain elevated around four million tons in 2019, according to local contacts. Dry conditions during December 2018 significantly hurt yield levels for the 2018/19 crop resulting in production at 8.8 million tons, 11 percent lower than Post’s original production forecast.

Paraguay: Oilseeds and Products Annual