2023/24 Paraguay Soybeans 50% Harvested

Harvesting of the 2023/24 soybeans in Paraguay is in full swing with 50% of the crop harvested compared to 30% average according to Esther Storch, director of DASAGRO. She is estimating the average soybean yield in Paraguay at 3,500 kg/ha (51.1 bu/ac) with a production of 10.6 million tons for the main soybean crop.
Farmers in Paraguay are in the midst of planting a safrinha crop of soybeans and corn and if the weather cooperates for the safrinha crops, she believes that Paraguay could produce as much as 11.5 million tons of soybeans in 2023/24.
The safrinha soybeans in Paraguay will need adequate rainfall through the month of April to ensure trend line yields and that is not a sure thing this year. There is speculation in Brazil that the summer rainy season may end earlier than normal this year, which would put in doubt the safrinha soybean yield in Paraguay and the safrinha corn yield in Brazil.
Read also
MARKET SIGNALS TO WATCH, June 20 – 27, 2025
Export duty back on the table: Ukraine revisits 10% tariff on soy and rapeseed
Global Trade in Focus: What’s Ahead for Grains & Oils in 2025/26?
India’s palm oil imports jump 61% in June to hit 11-month high
Ukrainian farmers are approaching the harvest of the first million tons of grain o...
Write to us
Our manager will contact you soon