Higher income from shipments of soy derivatives in Paraguay

Revenues from shipments of soy derivatives (soybean oil and flour) achieved significant growth at the end of the sixth month of 2021. According to the accumulated data of the parent bank, during the first six months of 2021 the income generated by shipments of soybean oil reached USD 226.7 million, USD 66.7 million more (41.6%) than that registered between January and June 2020, when USD 160 million entered. Regarding volume, the performance observed was different, since a 5.5% decrease was registered. Until June 239.3 thousand tons of soybean oil were shipped, a reduction of 13.8 thousand tons, since at the end of the first half of last year 253.1 thousand tons were shipped. With regard to soybean meal, revenues rose 39.7% at the end of the sixth month of the year. USD 370.6 million were generated, which indicates an increase of USD 105.2 million, compared to ...