A reduction in crop yields due to the lack of rain is affecting the marketing of these products, in cases such as herbicides, there has been a 40% drop in sales.
Less demand for fertilizers, herbicides and other agrochemicals needed to tend crops is causing an increase in inventories kept by marketers and generating greater downward pressure on the price of such products. In the case of fertilizer, so far a drop has been registered of "... between 10% and 15%," ... while in the category of herbicides and fungicides, reports are of "... decreases of up to 40%."
Guatemala's government has awarded two contracts to Disagro for $22 million and Tigsa for $20 million for 1.5 million quintals of fertilizer.
In the process of supply and distribution of fertilizers the rating board of the National Development Fund (FONADES) awarded the security services contract for custody and safekeeping of the product to Serseco on March 27, for $380,000.
Amid much controversy about the procedures to be followed, the government of Guatemala has issued a tender for the supply of fertilizers through the "emergency purchase" method.
The award of a contract to purchase fertilizer for $ 60 million (Q460 million) should be decided on Friday by the Guatemalan Ministry of Agriculture after a long legal process and a heavy dispute over bidding mechanisms.
The Appraisal Board at the Ministry of Agriculture has accepted three of the five bids received, and announced that contracts will be awarded on Monday March 30th.
The companies who qualified to take part in the tender for the contract for the purchase of one million 914 thousand bags of fertilizer are Disagro of Guatemala, Tigsa Fertilizantes and Fertilizantes Maya (Mayafert), reported Prensalibre.com.
According to Embraer, in a press release, "the selection of Agricultural Distributor of Guatemala, S.A. (Disagro), and its experience in the region's market, will contribute to providing Central American clients with Embraer's category of international airplanes.
Grain handling is playing a stronger role in port management in Panama these days of high and rising food prices.
Experts in the field are recommending dedicated grain handling facilities so there is no chance of it being mixed with other products.
"The increase is prices is reviving the cultivation of cereal crops in high-productivity zones because it provides an export opportunity," said David Marcano of the Port of Santander in Spain.
XAGRO (Exportadora Agrícola Nicaragüense S.A.) is a grower, buyer, and exporter of fresh tropical roots, fruits, and coconuts grown in the fertile soils of Nicaragua. Our products are sold to importers, brokers, institutional buyers, food manufactures, and large grocery chains throughout the world. Headquartered in Nueva Guinea, South Caribbean Autonomous Region, sometimes shortened to RACS, or RAAS Nicaragua.
Operates in Nicaragua
Phone: (505) 8993-4549 - (505) 8626-0369