Venezuela: Grain and Feed Update
Grain and feed news is positive this year in Venezuela. The forecast for winter crops is favorable due to sufficient rainfall resulting in above average yields for corn and rice. Trade with the United States will remain stable, led by paddy rice, yellow corn, and wheat in MY 2021/22. Furthermore, the market dollarization and a liberalized market for price setting allowed a recovery in corn and rice production and consumption, especially in urban centers among the middle class.