Despite the drought, “the domestic supply of soybeans is fully guaranteed,” according to Anapo

Despite the drought, “the domestic supply of soybeans is fully guaranteed,” according to Anapo
Despite the drought, “the domestic supply of soybeans is fully guaranteed,” according to Anapo

The Association of Oilseed and Wheat Producers (Anapo) reported that, despite the severe drought, which lowered soybean yields, the supply of this grain for the domestic market is guaranteed. This phenomenon affected more than 500,000 hectares, which lowered yields to 800,000 tons of grain.

“Despite the severe drought, which impacted soybean production this summer, and the recent excessive rains whose impact we have not evaluated, I can assure you that Supply for the domestic soybean market is fully guaranteed“said the president of Anapo, Fernando Romero.

Effects of drought

A few days ago, Anapo reported that in the 2023-2024 summer campaign, there will be a considerable decrease in soybean production, due to the conditions of extreme drought, with an estimated loss of 800,000 tons of soybean grain, which could worsen due to the excessive rains that have occurred in recent days.

Romero points out: “Our priorities include maintaining the stability of the local market and ensure that Bolivian consumers are not affected“.

In that sense, he explained that, with the grain production of this summer campaign and added to that planned for winter 2024, there will not be any problems in satisfying internal demand, since it only requires 20% of the annual soybean production. .

Regarding the export of soybeans, the producers’ executive was emphatic: “The liberalization of soybean exports must continue without restrictions”.

He explained that this business represents “a crucial achievement” for the small and medium-sized producers of San Julián, Cuatro Cañadas and Norte Integrado and is “vital to guarantee that they receive a fair price, linked to the international market.”

The executive indicates that the release of soybean export benefits, in its commercialization, more than 14,00 producers, including small, medium and large, who are dedicated to production.

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