It has been estimated that the total production of beans, sorghum and maize at the end the 2016 harvest will exceed 12 million hundredweight.
Laprensa.hn reports that "...Corn growers (white, yellow and sorghum) forecast a harvest of between eight million and nine million hundredweight at the end of the year, which will mean an increase of 60% compared to the figures recorded in 2015, which barely reached four million hundredweight."
Productivity of beef, pork and onions improved between May 2015 and April 2016, while projected goals were not achieved for rice, beans and white corn.
The goals set at the beginning of the Solis management to facilitate conditions for raising agricultural productivity have been met by half, since of the products identified as "sensitive" because of strong competition faced externally, only beef, pork and onions managed to exceed the targets set for the first year.
2016-2017 forecast: 1.6 million hectares in cropland, cattle slaughter at 795,000 head and milk production raging between 275 million and 300 million gallons.
The Plan for Production, Consumption and Trade in the 2016-2017 Cycle includes details of the Nicaraguan government's projections for the agricultural, livestock, poultry, aquaculture and forestry sectors for the current year and the next.
The Colombian government has reduced tariffs to 0 on imports of lentils, beans and garlic, and suspended the price band for crude and refined oils.
From a statement issued by the President of Colombia:
The National Government has approved a reduction to 0% on tariffs on the import of lentils, beans and garlic, and has temporarily suspended the price band for crude and refined oils, which will ease the cost of the food basket for Colombians during the first half of 2016.
Producers in Costa Rica must further improve their productivity if they want to compete with the low prices offered for the same product internationally.
Currently a quintal of the grain sells in Costa Rica for around $40, whereas inside the Costa Rican market producers are trying to sell their harvest for $60, arguing that industrialists are offering them at lower prices in order to buy their production. This is not the first time that this difference in price has arisen, and this time, the government has said it will buy part of the local crop from producers in the south "... at a price that is double the price from abroad".
By the end of 2014, 11% of the total land area was cultivated with annual crops, 14% permanent crops, 2% was uncultivated agricultural land, and the rest forest areas, homes and other areas of non-agricultural use.
National Agricultural Survey 2014, National Institute of Statistics:
The decree which states that the domestic grain is insufficient to supply the local market, enables industries to import with zero tariffs in quotas which are proportional to local purchases.
Following complaints by agribusinesses about the delay in the declaration of a shortage, the government has finally signed the decree that authorizes the purchase of grain from abroad, tax-free. Imports can be made after the publication of the decree in the official newspaper La Gaceta.
Grain importers are complaining that the study to determine the shortage was made in June and the government has still not signed the decree allowing duty-free imports.
Another problem denounced by the National Chamber of the grain industry is the that the shortage decree which must be signed by the head of the agriculture and economics ministries, will only be effective in November, when normally it "applies until January of the next year ...
The Superintendency of Competition has concluded that there is no evidence of anticompetitive practices in pricing by traders.
From a statement issued by the Superintendency of Competition:
After thoroughly analyzing information and documentation on six bean traders, the Superintendency of Competition did not find enough evidence to lead to initiate an infringement procedure for anti-competitive practices concerning price fixing, limitation of quantities or market division, typified in points a, b and d of Article 25 of the Competition Act.
The drought that affected in 2014 has worsened this year, threatening shortages of basic foodstuffs.
An article on Nacion.com reports that the director of Agricultural Extension of the Ministry of Agriculture of Costa Rica, Felipe Arguedas said "... We are very concerned because two years of drought are joined together; we believe that 2015 will be worse than 1997, which was the driest year recorded so far."
XAGRO S.A. Announced that they have signed a purchase agreement with Jam LLC to buy 5,000 MT of red beans from China that will be sold to importers throughout Central America to help ease market pressure and lower the high prices caused by recent shortages.
As part of the Agritrade Platform, Guatemala will participate for the 27th time in PMA Fresh Summit, the most important international trade show and convention of fruits and vegetables in the United States, which will take place at Anaheim Convention Center, California from October 17th to 19th.