"Venezuela Agribusiness Report Q2 2015" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Apr 06 2015

Venezuela is on track to record another lacklustre year for agricultural production in 2014, as output price restrictions and soaring input prices are keeping a lid on investment in crops and machinery. Nicolás Maduro and ruling Partido Socialista Unido de Venezuela made the choice of continuity in terms of interventionist policies, which will maintain a challenging environment for agricultural and food production. Price fixing in particular continues to be a source of woe for producers unable to meet input costs which are soaring in line with some of the highest rates of inflation in the world. Meanwhile, consumption remains relatively robust causing shortages of some imported goods.

Full Report Details at
- http://www.fastmr.com/prod/974452_venezuela_agribusiness_report_q2_2015.aspx?afid=301

Key Forecasts

* Corn consumption growth to 2018: 17.4% to 4.28mn tonnes. Consumers hit by economic turmoil will turn to the cheapest staple food, more than compensating for reduced demand from the livestock sector.
* Coffee production growth to 2017/18: -6.9% to 680,000 60kg bags. The outlook for coffee production in Venezuela remains dire, as hurdles to output expansion will remain in place over the coming years.
* Beef production growth to 2017/18: 3.2% to 367,500 tonnes. High input costs, cheaper Mercosur competitors and reduced domestic demand will stymie growth.
* 2015 BMI universe agribusiness market value: USD20.7bn (up 2.6% from 2014; forecast to grow annually by 2.8% on average from 2015 to 2018).
* 2015 real GDP growth: -1.5% (up from -2.5% expected in 2014; forecast to grow annually by 0.7% on average between 2015 and 2018).
* 2015 consumer price index: 57.1% year-on-year (y-o-y) (down from 60.8% expected in 2014; forecast to grow annually by 37.9% on average between 2015 and 2018).

Industry Developments

Venezuela's agricultural sector has been held back over the past decade by poorly executed control policies and limited agricultural inputs. The country's socialist government has for some time...

The Venezuela Agribusiness Report features BMI Research's market assessment and independent forecasts for production, consumption and trade across core agricultural commodities.

BMI's Venezuela Agribusiness Report includes independent commodity price forecasting and analysis for key agricultural outputs, an overview of the agribusiness competitive landscape and a discussion of the downstream context of agricultural production in relation to country food consumption forecasts and composite food and beverage trade forecasts.

Key Benefits

* Use BMI's independent industry forecasts to test other views - a key input for successful planning in dynamic agribusiness markets.
* Apply BMI's medium-term commodity price analysis to assist with budgetary planning and the identification of investment opportunities and potential risks.
* Assess the activities and market position of your competitors, partners and clients.

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Contact Name: Bill Thompson
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