Paraguay: Cereal export earnings increased 20% until end of November
Paraguay
Published Dec 25, 2021
Original content
So far this year there has been less export activity of the main cereals of national production (corn, rice and wheat); however, revenues grew by 20%, mainly driven by the appreciation of these items in the international market. According to the monthly report of the Central Bank of Paraguay (BCP), shipments of these products generated US $ 730.3 million in the accumulated January-November of this year, which corresponds to a surplus of US $ 188.3 million compared to the US $ 611.8 million from the same period last year. Until the end of November, they exported 2,772,900 tons of wheat, corn and rice, which represents a 6% retraction in relation to the 2,960,700 tons shipped in the previous season. The average export price improved 28% and was in the order of 263 dollars per ton ...
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