Browse Data and Analysis

The Venezuelan regime bans the use and research of modern biotechnology-derived agriculture. The United States is currently the leading exporter of biotech-derived crops to Venezuela, including corn, soybeans, soybean meal, and soybean oil.

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.

Since 2013, total meat consumption in Venezuela has declined 69.1 percent. However, a relatively better economic climate since 2019 has helped stabilized beef production and led to a significant recovery in chicken production.

In MY 2021/22, Venezuelan sugar production is projected upwards to 190,000 MT.

In marketing year (MY) 2021/22, corn and rice production is forecast to increase due to greater area planted and slightly improved yields.

Venezuela is a significant importer of agricultural products totaling $8.3 billion in 2014, according to data from the Government of the Bolivarian Republic of Venezuela (GBRV).

Continued interest expressed by farmers and agricultural scientists to improve agricultural output via biotechnology has not resulted in a legal framework for either testing or commercializing...

Post expects wheat, corn and rice imports to be tight due to the lack of availability of foreign exchange.

Coffee production in MY 2014/15 is expected to decline by 30 percent compared to MY 2013/14, the largest year-to-year reduction and lowest production level in at least the past 15 years...

The Venezuelan sugar industry expects domestic sugar production to drop in MY 2015/2016, constrained by price controls and limited foreign exchange to import raw sugar.

The lack of agricultural inputs, price controls and rising production costs continue to negatively impact agricultural production in Venezuela.

Post expects wheat, and rice imports to be tight due to availability of foreign exchange.