Colombia: Grain and Feed Annual

In 2016, U.S. corn dominated the Colombian market supplying 99.6% of imports due to trade preferences in the U.S.-Colombia Trade Promotion Agreement (CTPA). The 2.68 million metric tons (MT) quota for 2017 under the CTPA will likely fill before the first half of the year. Corn production will remain stagnant at 1.7 million MT in marketing year (MY) 2017/18, while imports surge to 5.0 million MT. Rough rice production in MY 2017/18 is expected increase to 2.6 million MT with imports falling to 100,000 MT given large levels of beginning stocks. In MY 2017/18, wheat production will increase to 15,000 MT with imports reaching 2.1 million MT. 

Colombia: Grain and Feed Annual