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- (-) April 2015
- (-) Colombia
- (-) Venezuela
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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.
Colombian sugar production in Marketing Year (MY) 2014/15 is expected to increase a marginal two percent, up to 2.4 million metric tons (MT) after a measurable decline the previous two years.
The lack of agricultural inputs, price controls and rising production costs continue to negatively impact agricultural production in Venezuela.