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Paraguayan wheat production in marketing year (MY) 2024/2025 is forecast up at 1.15 million tons as a result of a significant increase in planted area and improved yields. Wheat exports would also be up at 450,000 tons.
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.
Highlight: Beef production and exports in 2024 are projected to increase marginally. Exports at 445,000 tons carcass weight equivalent would be the second highest on record.
Posts projects Paraguay’s wheat production for marketing year (MY) 2023/2024 to increase to 1.25 million metric tons (MMT), with exports rising to 410,000 MT.
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.
Paraguayan beef exports in 2023 are forecast to decline to 390,000 tons carcass weight equivalent, the second drop in a row thanks to declining cattle production. The country is suffering from the third consecutive year of La Niña conditions, which leads to dry weather in most regions.
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...
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.
Post projects 2022 Paraguayan beef production to reach 570,000 tons carcass weight equivalent, as a projected smaller slaughter is expected to reduce beef production by 40,000 tons from 2021.
2021/2022 Paraguayan soybean production is projected at 10
In marketing year 2020/21, wheat production is forecast up to 1
On June 28, 2019, the European Union became the first major partner to strike a trade agreement with the Southern Common Market (or MERCOSUR) countries of Argentina, Brazil, Paraguay, and Uruguay.