Paraguay exported 90,528 tons less corn in January

The Foreign Trade report of the Paraguayan Chamber of Exporters and Marketers of Cereals and Oilseeds (Capeco) reflected that in this first month of the year 154,467 tons were exported, which was 90,528 tons less than in January 2023, while the volume shipped generated a foreign exchange income of US$ 28 million. According to the union, the negative figure is due to the fact that farmers are focused on the soybean harvest, so they are slowly marketing the remaining stock of the cereal while waiting for better prices. Capeco's Foreign Trade Advisor, Sonia Tomassone, explained that the soybean harvest ends in a few weeks, so corn shipments are expected to increase in the coming months, although at the moment no improvements in prices are foreseen. except for small exceptions Corn exports for the 2023 harvest, whose period runs from May 2023, reached a volume of 3.2 million tons until January 2024. Brazil continues to be the main cereal market with 40% share, followed by Chile (24%), ...