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In marketing year (MY) 2022/23, Colombia's corn and rice production are forecast to marginally decrease from the previous year as a result of lower crop productivity due to rising prices of fertilizers and potential supply disruption of these inputs.
MY2022/23 corn production is forecast to decrease by approximately 16 percent to 5.9 million metric tons (MMT) due to drought conditions, fall armyworm infestations, and high fertilizer prices.