The growth will be at the expense of higher-than-expected yield.

Given the delayed soybean harvest, its export in January was below analysts' expectations. In February - March export will increase.

5.7 mln tons of soybean will be exported from Paraguay during the season versus 5.38 mln tons in 2015-2016. Against the background of reduced soybean yield in Argentina, the country will buy 1.65 mln. Tons of soybean from Paraguay (0.65 mln tons a year earlier). 1.5 mln tons of soybean (1.56) will be exported from Paraguay to the EU, 0.9 mln tons (0.92) will be exported to Russia and export to Brazil will be 0.25 mln tons (0.37).