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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.
Argentine sugar production for marketing year (MY) 2022-2023 is forecast at 1.71 million tons, raw value, practically unchanged from the previous year. La Niña weather conditions have limited sugarcane production over the last two years, and output was affected by a severe winter last year and a very dry and hot summer early this year.