Paraguay: Oilseeds and Products Annual
Link to report:
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. MY 2024/2025 exports are forecast at 6.5 MMT, down from the previous year as Argentine production rebounds following record drought. Crush is projected to rebound to 3.5 MMT as fewer soybeans are exported to be crushed in Argentina. MY 2023/2024 production is revised down slightly to 10.1 on lower yields due to less rain than expected. Crush is estimated down to 2.98 MMT while exports are expected to increase to 6.94 MMT.
