Venezuela to Develop a Triangle of Soybean


Feb 21, 2023 | Agricultural Markets News

Reading time: 2 minutes

Soybean is a crop considered one of the most important sources of oil and protein in the market worldwide. Soybean has been cultivated in Venezuela for more than a century; however, the demand for 1.7 million tons represented as cake; (65%), oil (24%), and grains (11%), respectively, is not satisfied. It is necessary to plant more than one million hectares to achieve it. Through the years, Venezuela’s Soybean planting has shown two peaks related to agricultural policies that were adopted: one of 10,000 ha (1989) and another of 40,000 ha (2007). The history of Soybeans in the country correlates to three time periods: 1887-1941 used as fodder and green manure; 1942-1993: development of the animal feed industry; and 2005-2015.

In the territory of the Anzoátegui, Guárico, and Monagas states, 250,000 hectares of Soybeans are expected to be planted in the next three years, detailed the President of the Republic of Venezuela, Nicolás Maduro. Anzoátegui, Monagas, and Guárico are a wonderful triangle to reach 250,000 hectares of Soybeans, a fundamental element for the Venezuelan diet and animal husbandry.

The Soybean production goal points to the planting of 100,000 hectares in Anzoátegui, 100,000 hectares in Monagas, and 50,000 hectares in Guárico, said the People’s Power Minister for Productive Agriculture and Land, Wilmar Castro Soteldo. “The Anzoátegui, Monagas, and Guárico axis has thousands of hectares ready, with the best water, soil, and climate conditions to produce,” he stressed.

Simultaneously, the Head of State instructed “to continue advancing in the cultivation of yellow corn, white corn, white beans, red beans, beans, and lentils” based on a multi-productive, diversified, and inclusive economy scheme that is not dependent on income oil. Noting that “this is the land to produce food,” he pointed out that Venezuela “is breaking records for hectares to produce Soybeans, white corn, yellow corn, rice, and beans.”

According to the AgFlow data, the United States shipped 49,631 tons of Soybeans to Venezuela in 2022. Regarding Soybean oil, Russia led its import market with 32,000 tons last year, followed by Argentina (26,000 tons) and Bolivia (1,000 tons). In 2020, Venezuela imported Soybean worth $13.5 million, becoming the 56th largest importer of Soybeans worldwide. In the same year, Soybeans was the 71st imported product in Venezuela. Venezuela imports Soybean primarily from: the United States ($13.5 million) and Brazil ($10.6k).

Venezuela Soybean Varieties Effort

Researchers evaluate the agronomic behavior of cultivating two Soybean varieties in Falcón. This is a project for the evaluation, production, and cultivation of this legume that is carried out jointly by the Corporation for Scientific and Technological Development (Codecyt), an entity attached to the Ministry of Popular Power for Science and Technology (Mincyt), and the Alonso Gamero Territorial Polytechnic University (Uptag).

Through this alliance that has been established with the rectory team and teachers of Uptag, producers, and academics keep monitoring the progress of this crop through various training activities. One of them was a discussion in which representatives of sheep and goat associations, farmers, and agricultural producers interested in this crop as a raw material in animal feed formulation participated.

It is important to note that the production of this protein will reduce imports of Soybeans, whose use is strategic for human consumption and animal feed, as highlighted by Frank Ramón Zamora, Codecyt Researcher, and Project coordinator. In Falcón, there are many positive expectations regarding Soybean production. “The intention is to multiply seeds to enter larger surfaces and, thus, be able to contribute to the production of balanced feed for animals,” communicated Zamora.


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