Paraguay: Grain and Feed Annual
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Wheat production in marketing year 2020/2021 is forecast up to 1.275 million tons, 21 percent more than the previous marketing season, on projections of an expansion in planted acreage. With stable domestic consumption, wheat exports are also expected to grow to 580,000 tons, 220,000 tons higher than in MY 2019/20. Corn production for MY 2020/2021 is forecast at 4.0 million tons, 5 percent higher than the previous year on increased yields, and with lower ending stocks, corn exports will rise by 200,000 tons. Positive returns to rice prices in 2019/2020 will spur farmers to increase acreage in MY 2020/21 by almost 4 percent. Production and exports are projected to remain stable.
Paraguay: Grain and Feed Annual