News

Regional agricultural production provides a favorable scenario for the export of Paraguayan grains

Soybean
Paraguay
Published Mar 6, 2023

Tridge summary

Despite the fact that this national soybean campaign will not be able to reach the projected volumes during sowing, producers are expecting the yield they can obtain at the country level and take advantage of export spaces in the face of regional production affected by the weather.

Original content

The commercial and financial adviser to agricultural companies that operate in Argentina, Hernán Fernández, mentioned to Valor Agro that Paraguayan soybeans "are a very important player" in the global grain market, because the country expects to obtain a very good production in relation to to Argentina and Uruguay. Fernández said that in Argentina there is talk of a hit in production, since last season it planted 43 million tons and currently estimates that it will not exceed 33 million tons. "There are 10 million tons less that represent a blow to Argentine production with a campaign to forget," he said. After the situation of the Argentine production, the professional reiterated that the favorable scenario can occur for Paraguayan shipments. In this sense, he stated that Paraguay has a very good opportunity to export grains, an additionally positive potential, given that a good part of the soybeans produced in the country will end up in the mills in Rosario due to the shortage ...
Source: Elagro
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