In the seventh month of the year, FAO's food price index rose 2% over the same month in 2018, again explained by the increase in the prices of cereals, meat and sugar.
From FAO's monthly report:
» The FAO Food Price Index* (FFPI) averaged 170.9 points in July 2019, down 1.1 percent (1.8 points) from June but 2.3 percent higher than in July 2018.
In the fifth month of the year, the FAO food price index fell 2% over the same month in 2018, explained by the decline in prices of cereals and vegetable oils.
From the FAO monthly report:
The FAO Food Price Index* (FFPI) continued to rise for the fifth consecutive month, averaging 172.4 points in May 2019, up 1.2 percent (2.1 points) from April but still 1.9 percent below its level in the corresponding month last year.
In the fourth month of the year, the FAO food price index fell 2% over the same month in 2018, explained by the decline in prices of meat, cereals and vegetable oils.
From FAO's monthly report:
The FAO Food Price Index* (FFPI) rose in April 2019 to around 170 points, 1.5 percent (2.5 points) higher than in March and marking its highest value since June 2018.
In the third month of the year, the FAO food price index fell 4% from March 2018, explained by the decline in the prices of meat, cereals, vegetable oils and sugar.
From FAO's monthly report:
» The FAO Food Price Index* (FFPI) held steady in March 2019, averaging 167 points and still hovering around its highest value since August 2018.
Low productivity, climate vulnerability and the variation of international prices are part of the challenges faced by agricultural producers in Central America and the Dominican Republic.
The Inter-American Development Bank (IDB) published the study "Facing External Challenges, Internal Strengths: The Economic Environment of Central America and the Dominican Republic", which analyzes the current situation in the region and its 2019 outlook.
In the second month of the year, the FAO food price index fell 2% from February 2018, explained by the decline in the prices of meat, vegetable oils and sugar.
From FAO's monthly report:
The FAO Food Price Index* (FFPI) averaged 167.5 points in February 2019, up 2.7 points (1.7 percent) from January. While the February value of the FFPI marked its highest level since August 2018, it remained nearly 4 points (2.3 percent) below its level in the corresponding month last year. Prices of all commodities represented in the FFPI rose in February, with sharp increases registered for dairy prices.
In the first month of the year, the FAO food price index fell 2% from January 2018, because of the decline in the prices of meat, vegetable oils and sugar.
From FAO's monthly report:
The FAO Food Price Index* (FFPI) averaged 164.8 points in January 2019, up almost 3 points (1.8 percent) from December 2018 but still 3.7 points (2.2 percent) below the corresponding month last year.
Because Costa Rica forecasts less rainfall in the Pacific and North Coastal Belt, demand for animal feed is expected to increase in the coming months.
The National Meteorological Institute (IMN) forecasts the presence of El Niño phenomenon with moderate intensity and its influence will extend from November 2018 to May or June 2019.
It is detailed in the "Seasonal Climate Forecast November 2018 - March 2019" of the IMN, that the North Pacific region (Guanacaste) has a historical average precipitation or rainfall of 150 millimeters (per square meter) for that period, while for the current one it will only receive between 45 millimeters and 75 millimeters.
In the business of different food preparations, it is estimated that Kris Food Processor, Kerns Food Industries and Malher concentrate about 13% of the market share.
Data from the report "Company's Corporate System", complied by the Business Intelligence Unit at CentralAmericaData, provides details on company information based on sector, main activity, imports, exports, contracts granted by the government and other data.
In November, the FAO Food Price Index fell 8% compared to the same month in 2017, caused by lower prices for meat, dairy products, cereals and sugar.
From FAO's monthly report:
» The FAO Food Price Index* (FFPI) averaged 160.8 points in November 2018, down 2.1 points (1.3 percent) from October, the lowest since May 2016, and nearly 15 points (8.5 percent) below its level in the corresponding period last year.
The Ministry of Education of Panama tenders the supply of 1.5 million lunches served in disposable containers for 20 schools involved in the Extended School Day for All Program.
Purchase of the Government of Panama 2018-0-07-0-99-LP-034928:
"The contract includes all stages ranging from the purchase of raw materials, cooking and preparation of food, transportation, distribution and delivery at each school, complying at each stage with the basic principles of Good Manufacturing Practices: proper food handling, principles of sanitizing and risk control of contamination of the food produced."
The FAO food price index registered an interannual decrease of close to 1%, due to weakening in most markets, as a result of tensions in international trade relations.
From the monthly FAO report:
The FAO Food Price Index* (FFPI) averaged 173.7 points in June 2018, down 2.4 points (1.3 percent) from its level in May, representing the first month-on month decline since the beginning of this year.
The FAO food price index grew 1.9% year-on-year, due to the increase in prices of dairy products and cereals.
From the monthly report on the FAO food price index:
The FAO Food Price Index* (FFPI) averaged 176.2 points in May 2018, up 2.2 points (1.2 percent) from April level and hitting its highest level since October 2017. The increase in May reflected a continued steep rise in dairy price quotations, while those of cereals also rose, albeit at a slower pace. By contrast, vegetable oil and sugar markets remained under downward pressure whereas meat values changed little.
Between February 2013 and December 2017, the average price of a kilo of corn imported into Guatemala has been on a downward path, falling from $0.43 to $0.19.
Figures from the information system on the the Corn Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]