The Venezuelan government has announced that it will be negotiating with Panamanian companies interested in selling food and commodities that can come into the country duty free.
The government of Venezuela has announced that it has $100 million availableto buy more than one thousand tons of food products,"... including canned tuna, tomato sauce, mayonnaise, pasta, wheat flour, rice, lentils, black beans, margarine, oatmeal, coffee, powdered milk and canned meat. "
The FAO food price index rose slightly in March due to sharp increases in prices of sugar and palm oil.
From a press release by the Food and Agriculture Organization:
The FAO Food Price Index* (FFPI) averaged 151.0 points in March 2016, up 1.0 percent from February, but almost 21 points (12.0 percent) below its March 2015 level. The main feature last month was the strong rebound in sugar prices, which, combined with a further increase in vegetable oil quotations, more than offset a plunge in dairy values. International prices of the other commodities used in the calculation of the FFPI changed little.
Prices of main staple foods fell in November, reversing about half the increase recorded in October, with widespread declines, with the exception of sugar.
From the release by the Food and Agriculture Organization of the United Nations:
3 December, Rome--Major food commodity prices fell in November, reversing about half their rise in the previous month, as the cost of internationally-traded staples, except for sugar, fell across the board.
International prices of staple foods are the lowest since 2008 due to increased supply, declining energy prices, and concerns about the economic slowdown in China.
From the report by the Food and Agriculture Organization of the United Nations:
10 September 2015, Rome -International food commodity prices continued to decline in August as ample supplies, a slump in energy prices and concerns over China's economic slowdown all contributed to the sharpest fall of the FAO Food Price Index in almost seven years.
Food inflation in June registered a variation of -0.4% in Nicaragua, -0.3% in El Salvador , 0.3% in Panama, 0.4% in Costa Rica, 0.9% in Guatemala and 0, 5% in Honduras.
"Nicaragua had the lowest rate of food inflation of the countries monitored in the subregion, with -0.4%, down 0.7 percentage points from May. The food inflation rate of El Salvador was -0.3%, down 0.5 percentage points from May.
The government has extended the price freeze on seven basic food products, including red beans and ground beef, for 30 days.
From a statement issued by the Government of Honduras:
The Government of the Republic of Honduras through the Ministry of Economic Development informs the Honduran population in general, that it has been determined by Ministerial Agreement to establish throughout the national territory the maximum retail price for popular consumer products for a period 30 days.
The government has announced that price controls on 22 basic products in the basket will be maintained throughout the first half of 2015.
From a statement issued by the Minister of Commerce and Industry of Panama (ICIM):
The Minister of Trade and Industry, Meliton Arrocha announced that as a result of assessments made on the results of Executive Decree No. 165, it has been decided to extend the application of the measure for six months starting from January 2015.
To compensate for the reduction in local production, the government plans to allocate $8.8 million for the purchase of 39,000 hundredweight of beans and 230,000 hundredweight of corn.
In the period from January to August 2014, the government imported maize from the United States and Mexico, and in the case of beans, 60% was purchased from the US, 20.3% from Canada, 11.4% from China, 6.7% from Nicaragua and the rest 1.5% from Argentina.
The Ministry of Economy in Panama recognizes that the drop achieved in the cost of basic goods is not what was expected, and companies are insisting on its removal.
Since price controls were implemented on 22 of the goods in the basic basket, up until September consumers managed to save $38.66, $58 less than the government had indicated could be achieved with the implementation of the measure.
The Russian government has increased restrictions on food imports from the European Union to include fats, animal meal and other meat products and will start buying them from other markets.
The use of prohibited substances and toxic products from the European Union (EU) has led Russia to take this temporary measure, which excepts "... Production crossing the border before October 26 which will be subject to appropriate laboratory tests to confirm their safety. "
We manufacture dehydrated food products for humans. We sell our products through contract manufacturing or own labels national and internationally
Operates in El Salvador, Guatemala and Honduras
Phone: (502) 7830-7801 - (502) 7830-7802