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.

Biosafety regulatory efforts in the Caribbean remain stalled, and it is yet to be seen whether countries can regain the will and secure the international financing required to fully implement their National Biosafety Frameworks in a harmonized manner.

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.

Eager to put the COVID-19 pandemic behind it, the Caribbean is doing all it can to attract visitors and kick-start its tourism sector in 2021.

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.

Caribbean imports of consumer-oriented products shrunk from $2.3 billion in 2019 to $2.1 billion in 2020 as a result of the COVID-19 pandemic, yet Caribbean retail grocery sales grew by an estimated 6 percent during the same period.

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.