Venezuela: Sugar Annual
25th April 2022
Sugar production in Venezuela for MY 2022/23 is forecast to increase by 39% to 265,000 MT.
The increase is primarily due to yield gains as a result of better access to quality inputs and a reduction in diesel shortages, as well as more favorable prices for producers. The sugar sector has also improved its profit margins, allowing producers to permanently invest in upgrading mills and renewing plantations. As Venezuela’s sugar milling
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