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Grain and feed news is positive this year in Venezuela. The forecast for winter crops is favorable due to sufficient rainfall resulting in above average yields for corn and rice.
Since 2013, total meat consumption in Venezuela has declined 69.1 percent. However, a relatively better economic climate since 2019 has helped stabilized beef production and led to a significant recovery in chicken production.
In MY 2021/22, Venezuelan sugar production is projected upwards to 190,000 MT.
In marketing year (MY) 2021/22, corn and rice production is forecast to increase due to greater area planted and slightly improved yields.
The Venezuelan economic and political crisis continues to influence all sectors of the economy, including agricultural production and trade.
The Venezuelan economic and political crisis continues to influence all sectors of the economy, including agricultural production and trade.
This report is an annual update of the agricultural product import standards and enforcement mechanisms in Venezuela for U.S. exporters of agricultural commodities, foods, and beverages.
The Venezuelan coffee sector is struggling with shortages of fuel, agro-chemicals, and replacement parts. In MY 2020/21, post forecasts continued decreases in production based on input limitations.
Venezuelan sugar production is forecast down to 150,000 metric tons in MT 2020/21 due to shortages of fuel and inputs.
During market year 2020/21, a decrease in production is forecast across most commodities in Venezuela.
An ongoing, severe economic and political crisis in the country has led to hyperinflation and contributed to falling U.S. agricultural product exports.
Five years of economic contraction, hyperinflation, and limited investment have negatively impacted Venezuelan poultry production.