# Fenalce proposes agreement between producers, industry and government to strengthen national corn and soybean production

> Fenalce, Colombia's national federation of grain, legume and soy growers, proposed a tripartite agreement between producers, industry and government based on a consensus Action Plan. The plan aims to reduce dependence on corn and soybean imports. Measures include reference prices, production contracts, price-hedging tools and incentives for buying domestic harvests.

- Date: 2026-11-01 · published 2026-11-03T01:36:14.460Z
- Category: policy · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/76817-fenalce-proposes-agreement-between-producers-industry-and-government-to
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

If adopted, domestic corn and soy supply could displace imports over time, which would reduce import demand for feed grains and soybean meal in Colombia. The proposal is still at the stage of a request, so its near-term price impact is limited.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-03-20 | [GRAIN \| Mexico: The dangers of industrial corn and its processed edible products](https://feedsoft.ai/events/65978-grain-mexico-the-dangers-of-industrial-corn-and-its-processed-edible-products.md) | -0.1% | +3.9% |
| CORN | 2019-01-22 | [The Market Facilitation Program (Trade Mitigation) and the Government Shutdown](https://feedsoft.ai/events/61079-the-market-facilitation-program-trade-mitigation-and-the-government-shutdown.md) | +0.7% | +0.5% |
| CORN | 2024-12-20 | [Congress averts government shutdown as Senate passes funding bill - The Washington Post](https://feedsoft.ai/events/26952-congress-averts-government-shutdown-as-senate-passes-funding-bill-the.md) | +1.5% | +6.9% |
| CORN | 2022-06-30 | [Industry groups still find fault with proposed EU deforestation law](https://feedsoft.ai/events/40968-industry-groups-still-find-fault-with-proposed-eu-deforestation-law.md) | +1.0% | -16.7% |
| CORN | 2019-10-15 | [Supplemental Proposed Rule: It Does Account for SREs…But with a Loophole? - American Soybean Association](https://feedsoft.ai/events/56441-supplemental-proposed-rule-it-does-account-for-sres-but-with-a-loophole.md) | -2.0% | -3.2% |
| SOY | 2021-11-23 | [Indian farmers hold soybeans as government measures cut prices](https://feedsoft.ai/events/44077-indian-farmers-hold-soybeans-as-government-measures-cut-prices.md) | -4.5% | +2.6% |
| SOY | 2020-11-20 | [Government authorizes import of soy oil for biodiesel production - DatamarNews](https://feedsoft.ai/events/50221-government-authorizes-import-of-soy-oil-for-biodiesel-production-datamarnews.md) | +1.2% | +3.6% |
| SOY | 2026-01-27 | [EUDR: The European Commission abandons the postponement and introduces simplifications and a transitional period](https://feedsoft.ai/events/21091-eudr-the-european-commission-abandons-the-postponement-and-introduces.md) | -0.1% | +7.3% |

## Sources

- ennuestrocampo.co: https://ennuestrocampo.co/fenalce-propone-acuerdo-entre-productores-industria-y-gobierno-para-fortalecer-la-produccion-nacional-de-maiz-y-soya/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.