Corn prices continue to rise in Guatemala, reaching $ 22.5 per quintal.
This is the highest price on record since 2007 and according to Luis Enrique Monterroso, from the food unit of the Human Rights Office “it is evidence that the price spike is not a result of speculation but of actual losses in this year´s harvest”.
Domestic producers are seeking to reverse the shortage of grain present in the country and the region.
In the coming weeks, 70,000 hectares of beans will be planted, so that there is sufficient inventory starting December.
Laprensagrafica.com reports, "Nicaragua and other countries in the region face a severe shortage of red beans, as rains in the last month damaged crops and grain exporters prioritized their foreign sales.”
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