Paraguay would return to third place in the world ranking of soybean exporters

According to the estimates of the Foreign Agricultural Service of the USDA, Paraguay would produce 10 million tons and export 6.4 million tons in the current campaign, so if these projections materialize, it would return to 6th place in the ranking of the largest world producers, position which it occupied until before the drought of the 21/22 harvest, and it would rise five places in the list of largest producers until reaching 3rd place, which would improve the position it had before the dry season (4th place) and would return to reach the site it held in 2018. At the local level, however, producers remain a little more cautious regarding the projected numbers. Thus, between 8 and 8.5 million tons of production is handled for this campaign, if the weather conditions accompany the process. In addition to the better projections for Paraguay by the USDA, the lower estimated export volume for Argentina (3.4 million tons), which is suffering the consequences of a drastic drought in ...