Paraguay: Grain and Feed Annual

Paraguayan wheat production in marketing year (MY) 2024/2025 is forecast up at 1.15 million tons as a result of a significant increase in planted area and improved yields. Wheat exports would also be up at 450,000 tons. Corn production in MY 2024/2025 is projected at 5.2 million tons, up from the previous season. The harvested area is also up at 900,000 hectares. With a slightly higher domestic consumption, corn exports in MY 2024/2025 are forecast at 3.3 million, one of the largest volumes on record. Rice production in MY 2024/2025 is forecast at a record 1.28 million tons, rough production, on a record area of 203,000 hectares. Very good returns and low ending stocks in MY 2023/2024 will most likely encourage farmers to plant more. Exports are forecast at 760,000 tons, one of the highest volumes on track.