Paraguay: Oilseeds and Products Annual

2021/2022 Paraguayan soybean production is projected at 10.5 million tons as a return to normal climatic conditions allow for increased second-crop soybean planting. Exports are forecast at 6.5 million tons. 2020/2021 soybean production is lowered to 9.9 million tons as a delayed harvest prevented farmers from planting second-crop soybeans. Crush is reduced to 3.3 million tons as plants received soybeans late and will have fewer operating days in the marketing year. Exports are forecast up at 6.75 million tons due to lowered crush volume.