Venezuela: Grain and Feed Annual
All grain production and imports are challenged by foreign exchange limitations that restrict access to key agricultural inputs and currency for overseas purchases. Corn production is forecast to fall to 1.09 million metric tons (MT) in marketing year (MY) 2016/2017 with imports unchanged at 2.1 million MT. No changes for sorghum production are expected in MY 2016/2017, remaining at 90,000 MT. No changes for wheat imports are forecast in MY 2016/2017, remaining at 1.6 million MT. Rice production and imports are forecast to remain unchanged in MY 2016/2017 at 340,000 MT and 400,000 MT, respectively.
