AGP Executive Report
Last update: 8 hours agoEnergy Security: LNG supplied a record 31% of Colombia’s natural gas in July as domestic production and reserves continued to fall. A possible El Niño drought could raise demand for gas-fired power, increasing pressure on the country’s sole import terminal. Agribusiness: Agropecuaria Aliar is prioritizing cost cuts and debt restructuring after Colombian pork prices plunged 35%. The La Fazenda producer says efficiency gains have lowered production costs 10%, while it waits for a market recovery expected in 2027. Monetary Policy: The central bank held its benchmark rate at 12.25% for November, though three of seven board members favored a hike amid persistent inflation concerns. Coffee: Growers are warning that a proposed VAT increase from 5% to 19% could raise prices and hurt domestic demand for a key export and rural livelihood.
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