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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.
The Government of the Bolivarian Republic of Venezuela (GBRV) continues to monopolize foreign exchange, imports of food, agricultural inputs, and distribution of those goods, creating profound....
The Venezuelan economy is collapsing. Four years of economic contraction, hyperinflation, and diminishing hard currency for imported goods will negatively impact production, consumption, and trade....
Economic mismanagement and an overdependence on oil exports have led to Venezuela’s economy contracting for the fourth year in a row, down an estimated 15 percent in calendar year (CY) 2017.
Economic mismanagement and an over dependence on oil exports have led to Venezuela’s economy contracting for the fourth year in a row, down an estimated 15 percent in calendar year (CY) 2017.
Economic mismanagement and an overdependence on oil exports have led to Venezuela’s economy contracting for the fourth year in a row, down an estimated 15 percent in calendar year (CY) 2017.
This report is an annual update of the agricultural product import standards and enforcement mechanisms in Venezuela for U.S. exporters of agricultural commodities, foods and beverages.
Venezuela’s economy is in decline. Three consecutive years of gross domestic product contraction, and more recently hyperinflation, have resulted in a severe economic crisis.