The grain production of crop season 20/21 falls for the second year in a row, while the planted area reaches historical record. 73% of production is forecast to be exported, while the remaining would go to domestic consumption.

The international commodity market showed increases in coarse grain values during last week. The pressure of corn harvest in Argentina keeps the local quote below the prices of Brazil and the United States.

During the last decade, Paraguayan soybean production has increased by 42%. It is remarkable the role of Argentina as export destination, absorbing in 2020 62% of the complex’ exports.

2020/21 exported tons of wheat falls 30% year-on-year. The increase of international prices softens the fall of the export value. Next crop purchases stand firm. Fund positioning turn back to positive territory.

Jornada con fuertes caídas en la plaza norteamericana, producto de una mejora en las perspectivas climáticas en regiones productivas clave de EEUU.