Paraguay projects 46% growth in wheat production for 2024/25

Published 2024년 10월 22일

Tridge summary

The USDA's October World Agricultural Production report has revised upwards Paraguay's wheat production forecast for the 2024/25 marketing year to 1.3 million metric tons, marking a 13% increase from previous estimates and a substantial 46% rise compared to the previous year. This is despite the harvested area remaining unchanged at 500,000 hectares. The average yield is expected to rise by 13% to 2.60 tons per hectare, which is a 37% increase from the previous year. The positive conditions during the growing season, including favorable weather and the introduction of new seed varieties, have contributed to the improved outlook.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The United States Department of Agriculture (USDA) released an optimistic forecast for wheat production in Paraguay in its October World Agricultural Production (WAP) report. The crop for the 2024/25 marketing year is estimated at 1.3 million metric tons, which represents a 13% increase over the previous projection and a significant 46% growth when compared to the same period last year. In addition to the increase in production, the yield of Paraguayan wheat is also on an upward trajectory. According to the report, average productivity is projected at 2.60 tons per hectare, an increase of 13% over the previous month and a 37% increase compared to the yield obtained last year. The harvested area remains unchanged at 500,000 hectares, but registered a 6% increase compared to the area planted in the previous season. The wheat growing cycle in Paraguay begins between April and May, with the harvest taking place in September and October. In September, teams from FAS/Washington and ...

Source: Portal Do Agronegocio