During the first half of 2018, purchases by countries in the region reached $494 million, 12% more than imports during the same period the previous year.
Figures from the information system of the Central American Fertilizer Market, from the Trade Intelligence Area at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Because the Superintendence of Competition did not provide on time the information and documentation required to carry out a study on the beef market in the country, in El Salvador the Superintendence of Competition sanctioned Sukarne.
From the statement of the Superintendence of Competition:
The National Institute of Electrification of Guatemala tenders the supply of different types of seeds to produce plants in the greenhouses of the institution.
The countries of the region exported fresh and refrigerated vegetables for $59 million from January to March 2018, 25% more than in the same period in 2017.
Figures from the information system Fresh or Chilled Vegetables Market in Central America, compiled by the Trade Intelligence Area at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
A law was approved in Panama that allows the authorities to temporarily suspend imports of agricultural products for human consumption when local production is enough to meet demand.
The Congress approved Ley 680 project, which will allow the Ministry of Development to suspend imports of agricultural products for a period of 12 months. Among the products whose importation may be suspended are meat products and fluid milk.
Because of the drought and the decrease in international prices, the trade guilds of the sector in El Salvador are projecting a decrease in production for the next harvests.
Marcelino Samayoa, CEO of the Asociación Salvadoreña de Beneficiadores y Exportadores (Abecafé), explained to Elmundo.sv that "... The drought registered in 2018 caused a slow increase in the ‘bandolas’, which are the branches of the coffee segments that should be there for 2019/2020.
Producers in El Salvador, Honduras and Guatemala, will have a processing plant, technical assistance and a global distribution network.
The funds from the Italian-Latin American International Organization (IILA) and the Italian Agency for Development Cooperation (AICS) are part of the project entitled "Revitalization of the quality cocoa chain in Central America and the Caribbean."
Corn imports from the countries of the region reached $168 million between January and March of this year, 6% more than what was reported in the same period of 2017.
Figures from the information system of the Corn Market in Central America, from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
From November 5th to 9th, Guatemalan businessmen from the agricultural and manufacturing sectors will visit Frankfurt to discuss business opportunities with local buyers.
The representatives of the Guatemalan Association of Exporters (Agexport) informed that the trade mission they organize, will allow Guatemalan businessmen to contact potential buyers from Germany, whom they will have business appointments previously defined.
The downward trend in international prices and the climate impact are part of the challenges facing producers in the region for the next harvest.
According to data from CentralAmericaData, the average price per kilo of sugar exported by countries in the region fell 38% between May 2012 and June 2017, from $1.13 to $0.70.
Supplies for the preparation of food for the country's prisons, National Penitentiary School and Juvenile Centers are being tendered in the Dominican Republic.
Between the 2011-2012 and 2016-2017 harvests, the difference between the average price per quintal of the country's exports and the international market price of grain has more than doubled, from $25 to $54.
According to Investing.com data and figures provided by the Coffee Institute of Costa Rica (Icafe), during coffee year 2011-2012 the average value of a 46 kg bag of coffee on the New York Market was $198.12 and the average price of Costa Rican exports was $222.76, reflecting a difference of $24.64.
In September, the FAO food price index decreased 7% compared to the same month in 2017, explained by the decline in prices of meat, dairy products, cereals and vegetable oils.
of the monthly report FAO:
» The FAO Food Price Index* (FFPI) averaged 165.4 points in September 2018, down 2.3 points (1.4 Percent) from August and some 13 points (7.4 percent) below its level in the corresponding period last year. Only the sugar price index firmed in September, whereas the values of the other sub-indices, led by cereals, dropped from the previous month.
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