In January 2022, Paraguay experienced a notable shift in its agricultural exports, with soybean and by-product exports seeing a decrease of 19.5% in value and 5% in volume compared to the same period last year, largely due to a drop in flour shipments. Despite this, soybean exports to the country saw a 68% increase in volume and a staggering 117% increase in income, amounting to USD 33.3 million. Soybean meal exports, on the other hand, experienced a significant decline of 44% in income and 47% in volume. Soybean oil exports also saw a slight increase of 9% in value but a decrease of 30.5% in quantity. These changes are attributed to adverse weather conditions in South American producing areas, including Paraguay, Argentina, and Brazil, which are expected to limit soybean supply.