Could the New Political Scenario in Venezuela Affect Agriculture?
The capture of Nicolás Maduro opened a new political scenario in Venezuela that is being closely followed by international markets. Although analysts agree that the event would not have a direct and immediate impact on global grain prices, it could generate relevant indirect effects for the agricultural sector, especially through energy, production costs and regional trade.
Venezuela is not currently a key player in the global trade of agricultural commodities such as soybeans, corn or wheat. For this reason, a shock in international agricultural markets similar to that generated
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