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USDA Report

Sugar Annual Report, Venezuela – 26th April 2021


30th April 2021

In MY 2021/22, Venezuelan sugar production is projected upwards to 190,000 MT. The dollarization of the economy has also been implemented in the sugar sector. Dollar payments instead of devalued bolivars, to both producers and industry, have created a motivation to produce more sugar, despite challenges from diesel shortage and adverse weather conditions. Brazil continues

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