Honduras launches plan to combat food price rises

Honduras launched a $119 million plan on Tuesday to ramp up agricultural output this year to mitigate rising food prices in the impoverished Central American nation. Agriculture Minister Hector Hernandez said Honduras aims to increase annual corn production by almost a third to up to 23 million 100-pound (46-kg) bags this year, compared to 2007.

Tuesday, April 15, 2008

The government also hopes to lift bean production slightly to 2 million 100-pound bags in 2008.
The government aims to give soft loans to farmers to increase production and subsidize farm insurance payments, help with fertilizers and build more food warehouses.

More on this topic

High Corn Prices Threaten Food Security

August 2011

The FAO has warned that the increases in corn prices may affect food security in Central America and Mexico.

Grain prices in the region have soared over the last year. Between June 2010 and June 2011, the wholesale price of white maize increased by 56% in Guatemala, 112% in El Salvador and 65% in Mexico.

Global Food Prices Continue to Rise

November 2010

FAO anticipates that recent rise in food commodity prices will continue and that future consumers will pay more for their food.

In its "Food Outlook", November 2010, the World Food Organization points out that its price index rose 34 points (+20%) between June and October, near the historical record of June 2008.

Panama: Food crisis affects the basic consumer basket of goods

April 2008

The worldwide food crisis is a concern not only because of the possible scarcity of food, but also because it raises prices for the entire basket of family consumer goods, and Panama cannot ignore it.

The Minister of Agricultural Development, Guillermo Salazar, said the increase in the basic basket of goods is increasingly important.

Rice for Guatemala is guaranteed, says Agriculture Chamber

April 2008

The Agriculture Chamber said today that storage of rice is guaranteed, despite the crisis of international production for the grain.

Chamber President Carlos Zúñiga told reporters that countries like China and India have increased the demand for rice, as well as for animal proteins.

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