Dairy producers in Nicaragua are facing a scenario of falling prices, a situation resulting from the oversupply of this type of food reported in the local market.
Executives of the National Livestock Commission of Nicaragua (Conagan) report that with the onset of winter, the country's trading partners are reducing dairy purchases to protect local production.
During 2020, Central American imports of infant formula for infant feeding packaged for retail sale totaled $134 million, an amount that is 9% lower than the amount reported in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
In El Salvador, the Cooperativa Ganadera de Sonsonate invested in the purchase of specialized machinery that will be used to pasteurize dairy products and to package the products.
According to information disclosed by executives of the Cooperativa Ganadera de Sonsonate, Salud, the industrial plant will now have a filling machine with a capacity to package 6,000 liters per hour.
Because the level of rainfall forecast for the winter is expected to favor livestock activity, entrepreneurs in the sector expect local production of meat and milk to grow during 2021.
Experts predict that this year's winter conditions will lead to an increase in green pasture for cattle. This factor will boost milk and meat production.
The German Development and Investment Bank will grant a $19 million loan to Cooperativa de Productores de Leche Dos Pinos R.L., part of which will be invested in modernizing and expanding two production plants.
Other projects to be financed with the proceeds will include the renovation of the cold chain infrastructure and improving efficiency in the use of resources during the production process.
In terms of volume traded, dairy sales to Guatemala have gained ground and are currently the second most important market for Nicaraguan companies.
During the first quarter of 2021 Nicaragua exported 17.14 million kilograms of dairy products, of the total volume 12 million kilograms were purchased by Salvadoran companies, 2.61 million kilograms were placed in the Guatemalan market and 2.04 million kilograms were traded in the United States.
The Dominican Republic's National Institute of Student Welfare is bidding for the supply and distribution of fortified prepared dairy product, food to be provided during the 2021-2022 academic year.
Dominican Republic Government Purchase INABIE-CCC-LPN-2021-0008:
From January to June 2020, trade in milk and dairy products between Central American countries totaled $183 million, 19% more than what was recorded in the same period of 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
As a result of the closure of Grupo Lala's factory in Costa Rica, the 37 thousand liters of milk that 70 local producers sold daily to the company of Mexican origin were left without a buyer, however, Dos Pinos promised to acquire the product.
On December 1st Grupo Lala informed that it will close the milk plant that operates in the province of Alajuela. According to the company, the factory will stop operating on December 11th.
After Grupo Lala decided to close the operations of its dairy production plant in Costa Rica, a debate began over whether Dos Pinos' dominance in the local market was due to protectionist policies or to the brand positioning, quality and price of its products.
Arguing that there is greater potential for sustainable and profitable expansion in Nicaragua and Guatemala, the Mexican business group dedicated to dairy production decided to close the operations of its production plant in Costa Rica.
From January to July 2020, companies in the countries of the region imported from Mexico infant and toddler formulas for $57 million, and 50% was purchased by companies in Honduras and Nicaragua.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In Central America more than 6 million people search online and participate in conversations associated with dairy products, with ice cream, fudge and yogurt being some of the products with the greatest presence in consumer interactions.
An analysis of consumer interests and preferences in Central America, prepared by the Trade Intelligence Unit of CentralAmericaData, yields interesting results on people's preferences and tastes in food and other types of products or services.
With no details regarding the amount of the transaction, Coca-Cola FEMSA announced the sale of 100% of its stock interest in the Panamanian dairy company Estrella Azul to Panama Dairy Ventures, Ltd.
The transfer of the shares became known after Coca-Cola sent a communication to the Mexican Stock Exchange, a document that specified some of the details of the transaction.
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