Venezuela: Grain and Feed Update
Post expects wheat, corn and rice imports to be tight due to the lack of availability of foreign exchange. Production of corn and rice for MY 2015/16 is forecast to fall as a result of delayed planting and lack of agricultural inputs. In 2015, for the first time in at least over the past 10 years, agricultural imports and production are expected to fall in the same year creating increasing pressures on food supplies.