Colombia: Grain and Feed Annual
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Colombia’s economic recovery together with growing domestic livestock and poultry production are driving Colombia’s corn demand. With the rapid development of poultry and egg production in particular, corn consumption is projected to increase in market year (MY) 2025/2026 to support strengthening demand from the animal feed sector. Corn consumption will continue to be buoyed mostly through imports, forecasted to reach 7.2 million metric tons (MMT), with the United States as the main supplier. Domestic corn production in the outyear is anticipated to increase to 1.55 MMT with favorable weather conditions. By contrast, milled rice production is forecast to drop to 1.94 MMT as low prices will discourage rice area expansion after a record production year. Outyear rice imports are anticipated to decrease to 120,000 MT, while wheat imports are projected to grow, in line with higher consumption levels supported by domestic economic recovery. Competition with Canada continues to challenge to U.S. wheat market growth.
