Salvadoran Governments Asks Companies to Import Beans

Facing a potential shortage of beans, the government will ask companies to import the product directly.

Friday, September 17, 2010

The Ministry of Agriculture and Farming (MAG for its acronyms in Spanish) doesn't have enough resources to import beans itself.

This shortage of shortage has been driving up the cost of the grain: "Silk Beans oscillate between $85 and $90 per quintal. A pound is paid $1,00 in the domestic market and it could reach $1.23."

The government will control the price and will sanction those who store the product.



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El Salvador to Import Beans from China

February 2011

To meet domestic demand, the government announced the import of 9.000 tons of red beans from China.

With an investment of $ 4.5 million, the shipment would arrive in February and its distribution is to begin in March of next year, announced the Minister of Agriculture and Livestock, Guillermo López Suárez.

El Salvador to Import Beans from Ethiopia

January 2011

Given the shortage in the local and regional market, Gumarsal will import beans from the African country.

Wilfredo Guerra, import manager of Gumarsal, indicated that it is negotiating the import of a considerable amount.

The manager added to Elsalvador.com, "Nicaragua, for example, still holds more than three thousand quintals of beans which could be marketed in the country, but due to customs problems it has not been able to enter. Guerra said that he asked the Ministry of Agriculture to negotiate this with their counterpart in Nicaragua, but so far it has received no response."

El Salvador to Import 25 Thousand Bean Quintals

October 2010

Without defining the country which will be purchased from, the Ministry of Agriculture announced the transaction in order to alleviate the shortage of grain.

Deputy Minister of Agriculture, Hugo Flores, stated that Mexico, United States and even Nicaragua, as potential seller countries.

El Salvador to Purchase Beans from Mexico and Colombia

September 2010

To avoid bean shortages, the country will import around 200,000 sacks from Mexico and Colombia.

Hugo Flores, vice-minister for Agriculture, commented that the purchase of the beans is being carried out as a preventative measure to ensure stocks are sufficient to cope with the possibility of crop failures due to torrential rains.

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