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Market year (MY) 2025/2026 Venezuelan sugar production is forecast to grow upward to 415,000 metric tons on account of steady yields, continued access to crop inputs, and sustained profit margins within the sugar industry.
FAS (Post) forecasts Venezuelan market year (MY) 2025/2026 corn production to reach 1.2 million metric tons (MMT), a 14 percent decrease year-on-year due to a significant drop in seed availability for the summer planting season.
Venezuela is a significant importer of agricultural products totaling $8.3 billion in 2014, according to data from the Government of the Bolivarian Republic of Venezuela (GBRV).
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...
Post expects wheat, corn and rice imports to be tight due to the lack of availability of foreign exchange.
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.