Colombia: Grain and Feed Annual
Link to report:
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) and Mercosur Economic Complementation Agreement. The United States continues to be the main sourcing option for Colombian importers of corn and rice given trade preferences in the U.S.-Colombia Trade Promotion Agreement (CTPA) and geographical advantages compared to South American competitors. Colombia’s economic conditions are estimated to be favorable to boost demand for animal proteins and thus grains. As corn and wheat production remain flat, imports are expected to continue growing to meet increasing demand. In MY 2020/21, rice production is forecast to increase by 13 percent as a result of higher local prices that motivate rice growers to enlarge area.
