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The Paraguay agriculture forms one of the pillars of the economy. The agricultural products of Paraguay include cash crops like soybean. The South American country is the largest exporter of soybeans in the world.
The ambit of Paraguay agriculture also includes the production of animal products like beef. Beef is exported in large quantities to other South American countries. The raw food product is also exported to North American countries like United States and Canada. The economic activity of commercial cultivation occupies approximately 6% of the total land area of Paraguay. Cash crops like tobacco, cotton and sugarcane are grown on arable land. The agricultural economy suffers from a centralization of economic power. Most of the arable land are under the control of large commercial farms. The agricultural activity in Paraguay is dependent upon the external weather conditions of the area. This leads to an uneven economic cycle.
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