Tridge summary
Paraguay's wheat exports saw a decrease of 11% between January and February of this year, totaling 29,268 tons and generating $9 million, a slight decrease from the $9.7 million generated during the same period in 2022. Despite the decrease in exports, it was the only primary product to experience a drop in both values and volume. Furthermore, the international price of wheat fell by 1% to $276.22/ton in February, a 7% decrease from the previous year, and is projected to continue decreasing in the next grain contracts.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Between January and February, Paraguay exported 29,268 tons of wheat, a decrease of 3,762 tons (-11%), compared to the same period last year, when 33,030 tons were shipped. On the other hand, international prices did not accompany the process either, since at the end of the first two months exports generated 9 million, while throughout the same period of 2022 they entered USD 9.7 million. This item was the only one of the exported primary products that registered a fall in values and volume, according to the report of the parent bank. International quote. The condition of international wheat prices was also negative, since in February the price of the grain was at USD 276.22/ton, a drop of 1% (USD 273.58) compared to January and 7% less than what ...
Source: Productivacm
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