On-the-Ground Update

Chia seed from Paraguay is in big shortage

Daniel Mervar
Published Feb 18, 2022
Prices have risen sharply in recent months from stable levels to over double. Growers have the upper hand as there is a shortage in the market, and the season is ending. In particular, the light/white chia is being hit hard. Frost days during the growing season have hit this year's harvest hard and increased market demand for this seed. Recently market prices for the conventional black chia seed are around USD 3,800 -4,300 per MT FOB. For the light/white chia, the price is USD 4,500-4,900 per MT FOB.
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