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Coffee production in MY 2014/15 is expected to decline by 30 percent compared to MY 2013/14, the largest year-to-year reduction and lowest production level in at least the past 15 years...
The Venezuelan sugar industry expects domestic sugar production to drop in MY 2015/2016, constrained by price controls and limited foreign exchange to import raw sugar.
The lack of agricultural inputs, price controls and rising production costs continue to negatively impact agricultural production in Venezuela.
Post expects wheat, and rice imports to be tight due to availability of foreign exchange.
This report identifies the different export certification requirements currently in place by product.
Venezuela is a significant importer of agricultural products, totaling US$9.7 billion in 2013 according to data from the Government of the Bolivarian Republic of Venezuela (GBRV).
This report was prepared by the Office of Agricultural Affairs of the USDA/Foreign Agricultural Service in Caracas for U.S. exporters of domestic food and agricultural products.
The retail sector in Venezuela continues to be an important point of sale for U.S. importers.
Post expects imports of yellow corn, rice, and wheat to continue strong in My 2014/14, assuming availability of foreign exchange.
Continued interest expressed by farmers and agricultural scientists to improve agricultural output via biotechnology has not resulted in a legal framework for either testing or commercializing biotech
Imports of yellow corn, rice, and wheat are expected to be strong based on rising domestic food demand, continued requirements of the animal feed industry, and reductions in domestic production.
Venezuela offers growing opportunities for U.S. agricultural exports, despite strong competition and other challenges.