Paraguayan exporters said that production of soy is likely to fall 47 percent in the current harvest, according to AP. The nation's chamber of cereal exporters said the 2011-2012 harvest is likely to be rough half of the 8.3 million tons produced in the previous season. Technical adviser luis Cubilla said that means a loss of $1.5 billion. Cubilla said dought has cut production per acre (hectare) to a little more than half the normal. And some soy farmers of Brazilian descent have been unable to plant due to clashes with landless workers. Paraguay is the third-largest soy producer in South America, behind only Brazil and Argentina.