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- (-) April 2016
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2016/17 Paraguayan soybean area is forecast to grow marginally to 3.33 million hectares, an increase of 1 percent.
Wheat production for crop 2016/17 is forecast at 1.0 million tons, lower than the previous year due to expected low farmer returns.
Taiwan is essentially completely reliant on wheat and corn imports, whereas domestic production accounting for approximately 90% of the total staple rice consumed.
Taiwan’s demand for soybean meal destined for animal feed continues to be the driving force behind Taiwan’s soybean imports.