Post forecasts Colombian corn and rice production to remain stagnant at 1.6 and 2.4 million metric tons (MT), respectively, as there are no incentives for growers to increase area planted. Wheat production is expected to continue decreasing and fall to 7,000 MT due to uncompetitive production systems and unfavorable climatic conditions in Colombia. As grains production remains flat or decreases, imports are expected to continue growing to meet increasing demand. The United States continues to be the main sourcing option for Colombian importers of corn and rice due to trade preferences in the U.S.- Colombia Trade Promotion Agreement (CTPA). However in MY 2019/20, U.S. market share may be affected by South American imports under Mercosur and the Andean Community of Nations (CAN) Agreements because of favorable prices.
Colombia: Grain and Feed Annual