We're not hoarding basic grains, say San Pedro Sula warehouses

Warehouse managers in San Pedro Sula denied claims that they are hoarding beans and corn in order to speculate with their prices.

Wednesday, May 21, 2008

But they claimed that warehouses in Tegucigalpa hoard produce so they can sell it to the government, buy it back and sell it again at inflated prices.
The critical months for supplies and prices of corn and beans are June and July, when the harvest ends in Nicaragua and Honduras.

More on this topic

Price of Basic Grains Goes Up in Guatemala

May 2013

A quintal of white maize increased by $0.64 compared to March, while for black beans the increase is $0.39 per quintal.

According to the United Nations Food and Agriculture Organization (FAO), because the harvest of white corn has ended, the grain is trading at $15 per quintal, while black beans are $48 per quintal.

Help For Costa Rican Bean Marketing

February 2012

The Ministry will develop strategies, will intercede regarding for prices with industrial buyers and require producers to register all of their production.

The Deputy Minister of Agriculture, Xinia Chaves, promised bean producers in San Vito, Changuenas and Buenos Aires (south of Costa Rica) to help market their produce.

Honduras: Bean Supply to Increase in June

May 2011

The arrival of a shipment of 1.6 tons of grain is set to increase the mid-year supply.

A miscalculation in shipping times caused a delay in the arrival of a shipment of beans at the beginning of the year, when high prices encouraged producers to sell grain on the international market.

Competition Among Airlines Brings Down Prices

May 2009

Flying between San Pedro Sula and the United States is becoming cheaper due to an aggressive and growing market presence by Spirit Airlines.

The consolidation of San Pedro Sula as an economic and commercial center, along with tourism development on the Honduran Caribbean’s north coast, encourages strong competition among the airlines that serve that market.

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