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Food availability in Venezuela has improved since reaching an all-time low in 2019 as the result of informal dollarization of the economy, lower inflation, increased private sector activity, and a growth in domestic production and imports.
Total meat consumption in Venezuela has declined 68.9 percent since 2013 as a result of the economic collapse. However, a better economic environment since 2019 has led to a stabilization of beef production and significant growth in chicken production. In 2022, beef production is forecast to grow 5 percent from 2021 to 287,803 MT.
Persistent drought from May to August 2022 has damaged most of the spring crops in Serbia, mainly corn, soya, and fruits. Crop yields are forecast to decline by 20-30 percent, with total losses potentially reaching $ billion.