Venezuela: Grain and Feed Annual
Link to report:
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. Rice production in MY 2025/2026 is projected to remain unchanged at 407,000 MT with limited financing and increasing fuel costs for producers. Wheat imports are increased to 1.43 MMT in the out year due to the private sector favoring larger volumes of grain imports over finished wheat products. High inflation is expected in 2025, impacting an already low purchasing power and continuing to constrain Venezuelan grain consumption growth.