It was first collected by the Swiss physician and botanist
Émile Hassler in Paraguay in the
Sierra de Mbaracayú between 1898 and 1899, and in
Piribebuy in 1900, according to the labels on his herbarium specimens. It was formally described by
João Barbosa Rodrigues in the 1900 published part of the Plantae Hasslerianae as
Cocos campicola. The species was rediscovered that same year by Belen Jiménez in one of the areas it was first collected, in the grasslands of the Aguara Ñu in what was by now the
Mbaracayú Forest Nature Reserve; this was published in 1998. Actually the palms had already been collected earlier in 1995 and 1996 in
San Pedro Department in Paraguay, but these specimens were only recognised as such by Henderson in 1999, and this information was first published 2000. In 1916
Odoardo Beccari moved this taxon from
Cocos to
Syagrus along with many South American
Cocos taxa. In 1973 a specimen of 'trunkless' palm was collected in
Nova Andradina, which was identified by Glassman to be
B. paraguayensis in 1980. Similarly, in 1987 an abundant population of subterranean-trunked palms had been recorded and collected in
Porto Murtinho,
Mato Grosso do Sul, Brazil, 57 km east of the capital. These had been determined to be
B. paraguayensis by Noblick in 1992. Both collections seem to have been reclassified as
B. campicola by 2015. Because this plants had in fact been collected earlier before but had not been identified or identified as
B. paraguayensis, Belen Jiménez thus did not actually 'rediscover' the species; what she and her co-authors did, in fact, was being the first to correctly identify these palms in their collections. == Description ==