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- (-) May 2022
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Venezuelan milk production reached 1.5 billion litres in 2021, just a 2 percent increase from 2020. The formal dairy industry processed 12 percent of this output, only working at 20 percent of their capacity, due to the collapse of the market and Venezuelan consumers favoring artisanal cheeses.
FAS/Managua projects marketing year 2022/23 coffee production unchanged from the previous year at 2.7 million 60-kilogram bags, as political and economic turmoil in Nicaragua are expected to continue limiting investment in the sector despite strong export prices for the marketing year 2021/22 crop.