Toss diced butternut squash with olive oil and bake in a 325º F oven until tender, about 15 minutes. Cool. Chill until ready for use.
Heat olive oil in saucepan and cook yellow onions. Saute until tender, about 8 minutes.
Add saffron and farro; stir to coat with oil. Add vegetable broth, cover and simmer on low heat for 25 to 30 minutes or until farro is tender. Add peas, butternut squash and remaining vegetable broth. Stir and bring to a boil.
Season with salt and garnish with parsley, Parmesan cheese and paprika.