Cuban corn processors face capacity utilization issues

Published 2023년 1월 3일

Tridge summary

Cuba has significantly adjusted its agricultural plans for the past and upcoming years, with a focus on reducing imports of key feed crops like soybeans and Corn, as highlighted by a shift towards boosting domestic production. This transition is evident in the country's plans for 2022, which include producing and importing 440,000 tons of Corn, a decrease from the previous year's 700,000 tons of soybeans and Corn imports. The USDA's observations show that Cuba's Corn production remains low, with only 0.25 million tons harvested in 2021, while its demand remains high at 0.7 to 0.85 million tons. The country's reliance on foreign Corn sources, especially Argentina, has been substantial, with Argentina becoming the leading Corn supplier to Cuba in 2022.

In an effort to lessen its reliance on imports and bolster its agricultural sector, Cuba has allocated a million dollars towards establishing modern grain processing facilities across four provinces. These facilities are expected to process 120 tons of grain daily, with the ultimate goal of achieving an annual processing capacity of 18,000 tons. This initiative aims to improve efficiency, increase local production, and reduce the need for imports, marking a significant step towards enhancing Cuba's self-sufficiency in animal feed production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Cuba, more than 700,000 tons of soybeans, Corn, and other components destined for pig and poultry feed were imported annually until 2021. For 2022, some 40,000 tons of Corn of national production and some 430,000 tons of imports destined for animal consumption were planned. According to the USDA data, in MY2021/2022, Cuba’s Corn area harvested and production was 125,000 hectares and 0.25 million tons, respectively. Domestic consumption was 0.7 million tons. For MY2022/2023, the harvest area and production are estimated similarly with domestic consumption of 0.85 million tons. In 2020, Cuba imported Corn worth $135 million, becoming the 48th largest importer of Corn in the world. The same year, Corn was the 3rd most imported product in Cuba. Cuba imports Corn primarily from: Argentina ($105 million), Brazil ($24.5 million), the United States ($5.38 million), and Mexico ($3.47k). As per AgFlow data, Argentina led their import market with 0.6 million tons in 2022, followed by ...

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