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Venezuela has lost 50% of its cultivated land: the agricultural sector driving the parallel dollar📊 A figure that weighs on the table and on the exchange rate
The warning is not new, but it still hurts: Venezuela went from having 2,400,000 hectares under cultivation in 2010 to around 1,170,000 hectares this year, according to estimates by agricultural leader Celso Fantinel, former president of Fedeagro and current treasurer of Fedecámaras. This represents a contraction of nearly half the cultivated area in just 16 years—a structural blow the country has yet to reverse, despite a slight uptick in production over the past few growing seasons.
Venezuela has lost 50% of its cultivated land: the agricultural sector driving the parallel dollar
📊 A figure that weighs on the table and on the exchange rate
The warning is not new, but it still hurts: Venezuela went from having 2,400,000 hectares under cultivation in 2010 to around 1,170,000 hectares this year, according to estimates by agricultural leader Celso Fantinel, former president of Fedeagro and current treasurer of Fedecámaras. This represents a contraction of nearly half the cultivated area in just 16 years—a structural blow the country has yet to reverse, despite a slight uptick in production over the past few growing seasons.
The warning is not new, but it still hurts: Venezuela went from having 2,400,000 hectares under cultivation in 2010 to around 1,170,000 hectares this year, according to estimates by agricultural leader Celso Fantinel, former president of Fedeagro and current treasurer of Fedecámaras. This represents a contraction of nearly half the cultivated area in just 16 years—a structural blow the country has yet to reverse, despite a slight uptick in production over the past few growing seasons.
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