Colombia: Grain and Feed Update
The United States continues to be the main sourcing option for Colombian importers of corn and rice. U.S. corn continued to dominate the Colombian market supplying most imports due to trade preferences in the U.S.-Colombia Trade Promotion Agreement (CTPA). Corn production will remain flat at 1.6 million metric tons (MT) in marketing year (MY) 2018/19, while imports will surge to 5.2 million MT. In MY 2018/19, rice imports will increase to 150,000 MT and Post expects rough rice production to decrease to 2.4 million MT given low grower prices. In MY 2018/19, wheat production is forecast to 9,000 MT with imports reaching 1.9 million MT.
Colombia: Grain and Feed Update