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Marketing year (MY) 2021/22 production and exports are forecast to hold steady from MY 2020/21 as farmers take old trees out of production via stumping.
In 2021, Colombia's fuel ethanol production is estimated to decrease to 370 million liters in response to a lower blend mandate despite partial recovery in the fuel pool.
On April 28, mass protests erupted across Colombia in response to President Duque's tax reform bill.