Paraguayan soybean processing reached 1.8 million tons at the end of the third quarter

Published 2022년 11월 29일

Tridge summary

Paraguay's soybean processing volume has decreased by 23% in October compared to the same period in 2021, totaling 1,866,169 tons, which is 1 million tons less than the average of the past three years. The drought from the previous agricultural season contributed to this decline. The year 2022 is now the worst for the industry since 2012, with only 45,557 tons industrialized in October. The stock of raw material is also limited, and most factories have stopped. While the milling of other grains has increased, it cannot make up for the loss in soybean processing.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The lack of rain in the field as a result of the drought that occurred at the beginning of the previous agricultural season, caused the volume of soybean processing to the month of October to drop a significant difference, reaching 1,866,169 tons. From the Paraguayan Chamber of Oilseed and Grain Processors (Cappro) it was reported that this figure represents a drop of 23% when compared to the same period in 2021. Likewise, it is equivalent to around 1 million tons less than the average of processing accumulated to the tenth month in the last three years. With an industrialization of just 45,557 tons during this month, 2022 is consolidating as the worst year for the industry since 2012; always remembering that in 2013 a great leap was made in the capacity to process oilseeds in the country. In this line, the estimates indicate that the little that remains of the year should be taken into account that most of the factories have already stopped and that the stock of raw material ...
Source: Elagro

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