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Colombia’s agricultural producers’ association warned that a proposed tax reform would raise VAT on some farm inputs from 0% to 19%, even as the resulting food products remain exempt. The inputs identified include seeds, fertilizers, crop-protection products, technical services and agricultural insurance, with crops such as potatoes, rice, tomatoes and onions potentially affected.
Higher input costs could reduce planting incentives or raise production costs, potentially limiting supply and putting upward pressure on food prices. The proposal’s effect depends on whether it is enacted and how growers absorb or pass through the added costs.
tubarco.newsYorley MosqueraNov 5, 2026After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
