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Paraguay Expects Larger Cotton Crop
BUENOS AIRES - Jun 1/04 - SNS -- Cotton production in Paraguay could reach 115,000 metric tons (MT) this year, which would allow exports to advance to around 100,000 MT.
The U.S. agricultural attache here noted that with "larger exports during 2003 and 2004, Paraguay is recovering the importance and market that it once had.
"Traders indicate that exports to neighboring Brazil and Argentina will decline slowly, while shipments to the Far East and Europe will grow," the agricultural attache said.
Brazil, Paraguay's number one export market, is producing large volumes of very good quality cotton, while Argentina is expected to increase cotton production and reduce its imports significantly in 2004.
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