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- (-) March 2023
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FAS/Nairobi forecasts an increase in corn and wheat production in marketing year (MY) 2023/24, to 3.18 million metric tons (MT) and 310,000 MT respectively due to increases in harvested area as farmers respond to high crop prices by planting more wheat and corn.
In marketing year (MY) 2023/24, Colombia's corn and rice production are forecast to marginally increase driven by higher domestic prices and expected normalized weather conditions. However, high production costs continue to be a challenge for Colombian producers.