The government is preparing a decree that aims to regulate production and discover how much product is acquired by basic grain traders and where they store it.
The decree, which will come into effect in the month of February, is focused on finding out numbers and details related to the production of maize, sorghum, beans and rice, and companies who market them, who will have to provide information about the entire marketing process, from purchasing the product, its existence, volumes, and information on major retail centers.
In Panama plans are underway to create a law on the company Mercados Nacionales de la Cadena de Frío, which will manage wholesale and retail food markets.
From a statement issued by the presidency of Colombia:
The Cabinet Council has agreed to a bill authorizing the creation of the company Mercados Nacionales de la Cadena de Frío, S. A. and established the regulatory framework, and authorized the Minister of the Presidency, through a Cabinet Resolution to submit the rule to the National Assembly.
Salvadoran farmers are projecting a harvest of between 17 and 17.5 million quintals of corn.
The president of the Agricultural Suppliers Association (APA), Oscar Albanez, said they have the required factors for a very good harvest, "Winter in May was better than average. That was very good because it made the soil moist. On the other side, raw materials for producers have been stored up, both fertilizer and agrochemicals as well as seeds", he said according to Elsalvador.com.
Over the course of a year prices have doubled in El Salvador, generating friction between farmers and traders.
White maize and red beans are the two types of grain whose prices have increased the most, affecting producers of other products that use grain for raw materials.
While prices keep rising, agricultural industry representatives argue that the increase is only benefiting traders.