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PARAGUAY – Update on Salitre Cue farm activities (December 2021).

Weather/Situation: La Niña conditions are back and may lasting until spring 2022. No rain has been recorded yet this month and is planned for now. You can see on the below map dated 05/12/21, the drought situation faced. Our region is classified in “extreme drought” situation so as most part of the La Plata Basin.

The river Tebicuary, a tributary to the Paraná River, is at a low level as you can see on the picture, and it’s currently impossible to pump water directly from there.

Rice: The 560 ha sowed with rice are currently under irrigation and we are forced to use our water reserve from our artificial lake to get those fields irrigated. Normally, we should have enough water in our artifial lake to irrigate 60 days more all the plots. It’s key to have continuous flooding of water as it provides the best growth environment for rice.

Soybean: 1,100 ha have been sowed as planned successfully. The crop is developing very well so far as you can see. Soybean diversification helps us to mitigate our previous exposition to the sole cultivation of rice. Outlooks for this crop are very positive as in opposite to rice whose ultimate sole market is human consumption.

Corn: We were trying to close some third party leasing contract to develop this crop. Unfortunately, we could not close any lease agreement as the operator interested in our surface could not provided sufficient guarantee to operate properly the lease surface neither to have sufficient inputs available to show the wishes surface. As this option was explored for 1-year, we decided not to move forward. And preserve the quality of our land.