Through information solutions based on the use of satellite photos, the application of classification models and the implementation of machine learning algorithms, it is possible to optimize the management of large plantations and minimize the risks faced by crops that affect profitability per hectare planted.
The growing availability of data that exists today is leading companies to seek new ways and tools to take advantage of this huge wave of information that is being generated in different business sectors.
The Guatemalan Chamber of Commerce opposes the special tax scheme for agricultural activity approved by Congress, arguing that it is unconstitutional and violates the principles of tax equity.
The new fiscal regime for agriculture, approved last September 24 by the deputies of the Congress of the Republic, has been surrounded by controversy, as from the beginning the chambers of industry and commerce expressed their opposition.
The Guatemalan Congress approved a bill that contemplates the creation of a special tax regime for agricultural activity.
Although this bill was involved in controversy days ago, as the chambers of industry and commerce expressed their opposition, Congress decided to approve the bill. See full bill.
In Guatemala, the chambers of industry and commerce oppose the bill that proposes to create a special tax regime for agricultural activity.
The project "Law on Simplification, Updating and Tax Incorporation", which has been in Congress for more than two years, was scheduled for final discussion until September 10. See full bill.
Because of the coffee production performance, during the second quarter of the year the Guatemalan agricultural GDP grew 4% compared to the same period in 2017.
From the statement of the Chamber of Agriculture of Guatemala:
Guatemala, November 8th, 2018. According to information from the data analysis consultant on economic, financial and socio-political issues, Central American Business Intelligence -CABI-, the GDP of the Agro Sector increased during the second quarter of this year by 3.9% year-on-year, the largest increase the sector has had in the last four years.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico.
The company manufactures and sells telescopic, articulated, maritime, forestry, scrap, salvage, trawl, platform cranes, hydro elevators and backhoes.
The Guatemalan union of the sector announced that the reactivation plan they are preparing is based on the renovation of coffee plantations within a period of five years.
The National Coffee Association (Anacafé), is working in conjunction with the ministries of Public Finance, Agriculture, Livestock and Food and the Inter-American Development Bank, on a plan for economic reactivation of the sector, which could be ready in the coming weeks.
The Hernández administration has denounced the fact that Guatemalan authorities are imposing non-tariff barriers on the entry of chicken from Honduras.
The head of the Ministry of Agriculture and Livestock of Honduras, Jacobo Paz, announced that since they have not been able to resolve the problem with their counterparts in Guatemala, they will submit the case to the Council of the Minister of Economic Integration (Comieco).
The World Bank projects that the price of a barrel of oil will rise to $56, metal prices will stabilize, gold prices will tend to rise and agricultural prices will increase, due to a decline in supply.
From a report by the World Bank:
WASHINGTON, October 26 - Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in metals prices is expected to level off next year, the World Bank said on Thursday.
Between 2015 and 2016 imports of vaccines for veterinary use in Central America grew by 7%, going from $36 million in 2015 to $39 million in 2016.
Figures from the information system on the Vaccine Market for Vaccines for Veterinary use in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
Among the main products demanded by the Caribbean country are pesticides and organic fertilizers, bio-controllers, biological, botanical and general products for non-conventional agriculture.
From the executive summary of Procomer's study of "Pesticides and Fertilizers in the Dominican Republic"
- The Dominican Republic has a smaller land area than Costa Rica, however 49% of its area is arable, making the country a strong consumer of pesticides and fertilizers.
The high logistic costs and the appreciation of the Quetzal against the dollar are two of the factors which, according to exporters, have prevented better performance from being achieved in recent years.
According to Agexport, exports of Guatemalan agricultural products in the last 6 years have registered very low growth, going from $2.96 billion in 2011 to $3.2 billion in 2016.In the same period, non-traditional agricultural products which registered a decrease were peeled sesame seeds (-14%), frozen peas (-6%), broccoli (-47%), frozen beans (-35%), tomatoes (-35% %), potatos (-48%), and mangos (-3%), among others.
The Salvadoran company San Julian has started operating a dairy production plant in Jutiapa with capacity to process up to 100,000 liters of milk per day.
With an investment of $6.4 million the Salvadoran company Tecnolac has set up a dairy production plant in Jutiapa, in order to serve the local market and expand its supply at the regional level.
The union projects a 3.7% growth in activity in the agricultural sector, after having achieved an estimated 3.2% increase in 2016.
From a statement issued by the Chamber of Agriculture:
As it does at the beginning of every year, the Chamber of Agriculture this morning presented its partners the results of an economic study on agricultural which includes estimates for economic growth in the agro sector in 2016 and growth expectations for 2017 located at 3.7%.
The government is preparing a registration system that requires pork producers to mark their pigs in order to combat smuggling through the use of phytosanitary and traceability controls.
The aim is to have the agreement in late January, which would start with 88 producers enrolled in the Association of Pork Producers of Guatemala (APOGUA), in order to have an animal traceability system, prevent the illegal entry of pigs and prevent arrival of illnesses from Mexico.