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

Paraguay is headed for a record soybean harvest but exporters are worried about low river levels that are slowing shipments along the key Paraguay-Paraná waterway, with a drought in central-west Brazil affecting water levels running downstream. Industry sources and an analysis of river level data showed that the Paraguay River, the main channel used for the landlocked country's grains exports, is far shallower than at the same time a year ago, impacting barges carrying grains down river. Paraguay is the world's no. 3 soybean exporter and is finishing its harvest of the oilseed, with a forecast record production of 10.4 million tons.