With the enlargement, the storage capacity in the plant making nutrition products for crops which Disagro operates in Corinto will increase from 35,000 to 55,000 metric tons.
$4 million was invested in the expansion of the plant making nutrition products for crops.
"...'This is an investment that generates confidence in Nicaraguan agriculture, becauseagricultural production areas in the Pacific and the Caribbean are growing in size and productivity', said Baltodano, who points out that producers will need to carry out soil analysis in order to make their crops efficient."
A reduction in crop yields due to the lack of rain is affecting the marketing of these products, in cases such as herbicides, there has been a 40% drop in sales.
Less demand for fertilizers, herbicides and other agrochemicals needed to tend crops is causing an increase in inventories kept by marketers and generating greater downward pressure on the price of such products.
Guatemala's government has awarded two contracts to Disagro for $22 million and Tigsa for $20 million for 1.5 million quintals of fertilizer.
In the process of supply and distribution of fertilizers the rating board of the National Development Fund (FONADES) awarded the security services contract for custody and safekeeping of the product to Serseco on March 27, for $380,000.
In Nicaragua, expectations are that the harvest of white corn in the 2013-2014 cycle will reach 12 million quintals, which will be enough to supply national consumption.
However in order for that to happen, small and medium farmers must achieve a higher return on their crops and increase production.
Laprensa.com.ni reports: "Through the Corn for All program, which is being run in Nicaragua, El Salvador, Honduras and Guatemala, the idea is to increase productivity of staple grain crops in the varieties that are planted in each country ". This program is being developed in partnership with Disagro and Helps International.
Finally, four companies have submitted bids, with lower prices than the bids submitted in the original tender, which was annulled.
The minister, Efraín Medina, said the lowest price was Q114 million ($14,750,000) and noted that this time the amounts offered were lower than those in the first tender, reported elPeriodico.com.gt.
Bioska and Tigsa submitted the highest bids (the most expensive being Q133 million or $17.21 million), said Juan Carlos Monzon, executive committee member of FONADES.
Amid much controversy about the procedures to be followed, the government of Guatemala has issued a tender for the supply of fertilizers through the "emergency purchase" method.
The award of a contract to purchase fertilizer for $ 60 million (Q460 million) should be decided on Friday by the Guatemalan Ministry of Agriculture after a long legal process and a heavy dispute over bidding mechanisms.
The Appraisal Board at the Ministry of Agriculture has accepted three of the five bids received, and announced that contracts will be awarded on Monday March 30th.
The companies who qualified to take part in the tender for the contract for the purchase of one million 914 thousand bags of fertilizer are Disagro of Guatemala, Tigsa Fertilizantes and Fertilizantes Maya (Mayafert), reported Prensalibre.com.
The company will distribute in Guatemala a technology known as AGROSAT (agriculture by satellite).
Through this technology the farmer is given information which helps him make better decisions about where to sow and take specific care of the plant.
Tigsa Marketing Manager, Ana de Brolo, told sigloxxi.com: "... the company aims to offer innovative solutions for farmers, and we go a step further, increasing production and improving the quality of crops through soil analysis and diagnosis'.”
Plane maker Embraer named the Guatemalan Group, Disagro, as its sales representative for Central America in the Executive Aviation segment.
According to Embraer, in a press release, "the selection of Agricultural Distributor of Guatemala, S.A. (Disagro), and its experience in the region's market, will contribute to providing Central American clients with Embraer's category of international airplanes.
Grain handling is playing a stronger role in port management in Panama these days of high and rising food prices.
Experts in the field are recommending dedicated grain handling facilities so there is no chance of it being mixed with other products.
"The increase is prices is reviving the cultivation of cereal crops in high-productivity zones because it provides an export opportunity," said David Marcano of the Port of Santander in Spain.