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2016/17 Paraguayan soybean area is forecast to grow marginally to 3.33 million hectares, an increase of 1 percent.
Wheat production for crop 2016/17 is forecast at 1.0 million tons, lower than the previous year due to expected low farmer returns.
Paraguayan beef exports in 2016 are forecast 435,000 tons carcass weight equivalent (cwe). This record is expected as a result of increased beef output and a steady foreign demand.
Paraguayan ethanol production is forecast to reach a record 215 million liters in 2016. This is a result of expected larger sales of gasoline as the local economy continues to expand.
2015/16 Paraguayan soybean area is forecast at 3.6 million hectares, a nine percent increase in soybean area compared with 2014/15 estimates, based on expanded area for second crop soybeans.
Paraguayan beef exports in 2015 are projected to be a record at 360,000 tons (carcass weight equivalent). This is the result of increased beef output and continued strong foreign demand.