Safrinha Corn in Paraguay 90% Harvested and 43% Sold
Farmers in Paraguay have harvested approximately 90% of their 2023/24 safrinha corn and they have sold 43% of their 2023/24 corn production, which is the lowest in four years, according to StoneX. The safrinha corn production is estimated at 3.64 million tons.
Approximately 49% of Paraguay’s corn production will be consumed domestically with the remainder exported primarily through ports in Argentina and Uruguay. Some of Paraguay’s corn will be trucked across the border to livestock producers in southern Brazil where there is always a corn deficit.
Safrinha corn competes with safrinha soybeans for acreage in Paraguay. The ratio between corn and soybeans as a second crop depends to some extent when the first crop of soybeans are planted. If the first soybean crop is planted later than normal, farmers may then reduce their safrinha corn acreage because it would be planted later than desired and subject to potential dry weather or even frost.
StoneX is estimating Paraguay’s 2024/25 corn production at 4.71 million tons.
Read also
Wheat in Southern Brazil Impacted by Dry Weather and Frosts
Oilseed Industry. Leaders and Strategies in the Times of a Great Change
Black Sea & Danube Region: Oilseed and Vegoil Markets Within Ongoing Transfor...
Serbia. The drought will cause extremely high losses for farmers this year
2023/24 Safrinha Corn in Brazil 91% Harvested
Write to us
Our manager will contact you soon