El Salvador: Agricultural costs to go down in 2009
It is expected that next year agricultural and livestock producers will have low cost of raw materials, since the price of imported goods is dropping.
Wednesday, October 29, 2008
Fertilizers through the country have started to go down 2%, as a result of the drop in oil prices. "We are hoping that in April we see a change in prices," said Francisco Vidri, manager of DISAGRO. In fact, the government estimates that the 15,00 tonnes of fertilizer that it will get by tender in January, for delivery with improved seeds, will have more favorable prices, according to calculations by Mario Salaverria, minister of Agriculture and Livestock (MAG).
High prices of raw materials are discouraging Salvadorans farmers who are seeing the profitability of sowing grain greatly reduced.
In Guatemala, farmers expect an increase of $10 million in imports of chemicals for the agricultural season 2012, which is an increase of 6%.
In Nicaragua for every cultivated hectare, 39 kilos of fertilizer are used, in Panama the figure is 50 kilos, in Honduras, 58, in Guatemala, 97, in El Salvador, 135, and in Costa Rica, 264 kilos.
A regional investigation is underway, triggered by suspicions of anticompetitive practices when commercializing fertilizers.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar