During his weekly radio and television broadcast "Alo Presidente," Chavez said Venezuela's cattle herd now topped 12 million heads and is estimated to rise to 14 million by 2012.
Chavez hosted Sunday's show from the La Bandera farm in southwestern state Tachira, a model socialist dairy farm set up on land seized from drug traffickers.
The Venezuelan government has seized 50 farms from traffickers, equivalent to 12,000 hectares suitable for livestock.
La Bandera now has 1,985 heads of cattle, up from 1,300 18 months ago; and produces 38 percent more milk, the Venezuelan president said.