Corn production in Venezuela currently covers 50 % of demand. According to Saúl Elías López, president of the Venezuelan Society of Agricultural Engineers, there is great uncertainty this year due to the climate situation and the conditions in the sector.

According to the union representative, in 2025, approximately 305,000 hectares were planted, of which 65 % was white corn and the remainder yellow corn. However, given the possibility of more prolonged droughts due to climate change, this figure could decrease, leading to a greater reliance on imports.

In this regard, he emphasized that the country has been importing a significant number of tons of corn from countries like Brazil and Argentina since the beginning of 2026, and this is expected to increase in the coming years.

“These imports are covering 50 % of the country’s demand… producers expect that imports will continue, which will affect prices. Adding to this the climate uncertainty, we know that many farmers who had planned to plant 400 hectares will now opt to plant half that amount because of the current uncertainty,” said López.

M.Pino

Source: unionradio

(Reference image source: Marek Studzinski on Unsplash)

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In Ecuador, cocoa producers are considered the new rich of the agricultural sector given the shift in their position in the global market, displacing leaders such as Ghana and the Ivory Coast, where crops are affected by pests and drought.

Faced with these unfortunate circumstances on the other side of the map, Ecuador is positioning itself in the cocoa market, with a positive rise in international prices.

Currently, a cocoa producer can receive $350 per quintal, or 100 kilos of cocoa, compared to previous years when they could receive as little as $100. It is known that the price of the “new gold” will begin to rise in 2023.

Last year, “the sector generated approximately $3.6 billion, $600 million more than the mining sector, in a country whose economy depends largely on the exploitation of natural resources.”

On the other hand, according to reports, between September and March, “the value of cocoa exports, at $2.9 billion, was even $480 million higher than that of the strong banana sector, according to the Central Bank. It is the first time in six decades that it has surpassed it.”

Added to this is the price of a ton of cocoa on the international stock exchange, which is now at $9,000. But this bonanza isn’t always without danger, as producers have faced extortion from criminal gangs operating in the region, demanding money in exchange for letting them work.

M.Pino

Source: swissinfo

(Reference image source: Andres Medina on Unsplash)

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La entrada Ecuadorian cocoa is positioned above Ghana and the Ivory Coast in the market apareció primero en Bitfinance.