Basic Grains: Local Production Vs. Imports

Although the volume of corn, beans, and rice harvested is projected to increase in El Salvador by 2020, producers' expectations are not encouraging, since prices have fallen to levels insufficient to cover costs due to the import of basic grains.

Wednesday, October 21, 2020

Forecasts by the Ministry of Agriculture and Livestock (MAG) indicate that this year the country's corn harvest will grow by 11%, beans by 30% and rice by 20%.

This increase in production will face a scenario of low prices, behavior that is induced by imports that were made because of the plan to deliver food to families affected by the pandemic that caused the outbreak of covid-19.

According to local producers, the average cost of producing a quintal of corn is about $16, but currently it can be as much as $10.

You may be interested in "Corn: Regional Purchases up to September"

Luis Treminio, President of the Salvadoran Chamber of Small and Medium Agricultural Producers (Campo), told Elmundo.sv that "... the problem is that prices are in the ground and remain low, in the end the producer will have a good harvest, but will be affected by prices. We will always end up badly as producers."

Treminio added that "... the sector maintains that it is not in favor of banning imports, but of regulating them so as not to flood the market and affect specific items."

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