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- (-) November 2022
- (-) April 2020
- (-) Colombia
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While Colombia's regulatory environment remains friendly toward the adoption of biotech-derived commodities and other innovative technologies, Congressional anti-biotechnology initiatives continue posing a threat, risking the benefits to consumers and the agricultural sector. In 2021, genetically engineered corn area planted grew 31 percent, reaching record figures, and genetically engineered cotton area planted recovered 55 percent compared to 2020.
Excessive rains and cloudiness in the last two years have suppressed Colombia's coffee production. In marketing year (MY) 2022/23, Post forecasts Colombian production at 12.6 million bags of green bean equivalent (GBE) coffee. Although local prices remain high, weather conditions are expected to continue affecting crop productivity.
On March 25, 2020 the Government of Colombia (GOC) ordered all people within the Colombian territory to shelter in place in response to the growing Covid-19 outbreak.
In marketing year 2020/21, the United States may continue facing increased competition from South American exporters of corn due to favorable prices under the Andean Community of Nations (CAN)...
Opportunities for U.S. agricultural products abound in Colombia after the implementation of the U.S.-Colombia Trade Promotion Agreement (CTPA).