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    Home > Food News > Food Articles > Paraguay's 2021/22 soybean harvest is the worst in history!

    Paraguay's 2021/22 soybean harvest is the worst in history!

    • Last Update: 2022-05-16
    • Source: Internet
    • Author: User
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    Agrochemical Chinese website reports: The 2021/22 soybean harvest in Paraguay has been completed
    .
    According to the Paraguay Soybean, Oilseed and Grain Production Association (APS), 2021/22 is the worst soybean harvest in Paraguay’s modern history
    .
    Severe drought between December and January, combined with record-high heat, decimated the soybean crop by 70 percent
    .
     
    At the start of the planting season, APS expects Paraguay's soybean production to exceed 10 million tonnes
    .
    Currently, the association estimates that soybean production may not exceed 3 million tons
    .
    National soybean yields are forecast at 16 bags per hectare (14.
    3bu/ac), with peak yields reaching 26 bags per hectare (23.
    2bu/ac)
    .
     
      Paraguayan farmers can plant a second crop of soybeans (safrinha) after the first crop is harvested, but farmers are planting less safrinha than expected
    .
    Farmers were originally expected to plant 500,000 hectares of safrinha soybeans, but now it looks like there may be only 300,000-400,000 hectares
    .
    The harvested safrinha soybeans are expected to be used as seed for the 2022/23 season, as well as to fulfill some existing contracts
    .
     
      Many farmers who have forward contracts for their 2021/22 soybeans are now unable to deliver enough soybeans to grain companies to meet those contracts
    .
    They are also unable to repay the bank's production loans or pay the arrears for the purchase of agricultural inputs
    .
     
      These financial difficulties will also affect planting in 2022/23, which will start in August
    .
    Buying inputs will be very difficult due to the surge in input prices in recent months
    .
    Farmers are likely to use their scarce resources to buy as little fertilizer and pesticides as possible, which will affect soybean production in 2022/23
    .
    soybean oilseed grain
     
      At the start of the planting season, APS expects Paraguay's soybean production to exceed 10 million tonnes
    .
    Currently, the association estimates that soybean production may not exceed 3 million tons
    .
    National soybean yields are forecast at 16 bags per hectare (14.
    3bu/ac), with peak yields reaching 26 bags per hectare (23.
    2bu/ac)
    .
     
      Paraguayan farmers can plant a second crop of soybeans (safrinha) after the first crop is harvested, but farmers are planting less safrinha than expected
    .
    Farmers were originally expected to plant 500,000 hectares of safrinha soybeans, but now it looks like there may be only 300,000-400,000 hectares
    .
    The harvested safrinha soybeans are expected to be used as seed for the 2022/23 season, as well as to fulfill some existing contracts
    .
     
      Many farmers who have forward contracts for their 2021/22 soybeans are now unable to deliver enough soybeans to grain companies to meet those contracts
    .
    They are also unable to repay the bank's production loans or pay the arrears for the purchase of agricultural inputs
    .
     
      These financial difficulties will also affect planting in 2022/23, which will start in August
    .
    Buying inputs will be very difficult due to the surge in input prices in recent months
    .
    Farmers are likely to use their scarce resources to buy as little fertilizer and pesticides as possible, which will affect soybean production in 2022/23
    .
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