Paraguay: Corn price is profitable for the farmer but not for the confiner

Published Mar 18, 2023

Tridge summary

The article highlights the potential delay in the corn harvest due to ongoing rains, which could lead to lower grain volumes compared to the previous year's second harvest. The future corn prices have been set between 200 to 210 dollars per ton, offering good profitability for farmers but posing a challenge for confiners due to the high corn content in their diet. Despite this, the intention to plant zafriña corn remains similar to the previous year, around one million hectares. However, there has been a shift towards planting more zafriña soybeans due to the current soybean prices.

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Original content

The corn harvest is delayed by the rains that hindered the advance of the soybean harvest in the current harvest, which could have an impact on a lower volume of grain compared to the second harvest of last year; reality that can be confirmed with future corn prices. The director of SGA, Marcos Kain, explained in Value Added on radio Pa'i Puku 720 AM that future business positions corn at a reference of 200 to 210 dollars per ton. He considered that these values allow a very good profitability margin equation for the farmer, however the confiner may see his numbers more affected. "With a price of fat cattle between US$3.30 and US$3.50 per kilo carcass, the value of corn affects the corral business because the income in the diet is high," said the agricultural business advisor. Kain said that the intention to plant zafriña corn is very similar to last year's area, ...

Source: Elagro