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On October 27, 2016, the Government of the Bolivarian Republic of Venezuela (GBRV) temporarily (one year) eliminated import tariffs and value added taxes for scarce agricultural products...
Post corn production forecast is one million MT, or eight percent below the USDA projection in marketing year (MY) 2016/2017. Less production will boost corn imports, forecast up to 2.19 million MT...
All grain production and imports are challenged by foreign exchange limitations that restrict access to key agricultural inputs and currency for overseas purchases.