Apr 22, 2024, 8:43 PM
Apr 18, 2024, 10:12 AM

Paraguay is on track for a record soy crop, but low river levels are slowing exports

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Paraguay Surprises by Not Cutting Rate, Citing Fed and Oil Risks

Paraguay's central bank kept its benchmark interest rate unchanged at 6%, citing rising uncertainty about oil prices and the timing of US rate cuts. Paraguay’s central bank cited rising uncertainty over oil prices, timing of U.S. rate cuts as reasons for not cutting rate.

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Analysis-Paraguay on track for record soy crop, but low river levels slow exports

Paraguay on track for record soybean harvest, but low river levels slow exports. Drought in central-west Brazil affecting water levels running downstream. Paraguay River is far shallower than at the same time a year ago, impacting barges carrying grains down river. World's no. 3 soybean exporter Paraguay is finishing its harvest of the oilseed.

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