Guatemala to Keep Importing Maize
Although a slight increase in the volume of the current crop is expected, the deficit in meeting domestic consumption is, as in previous years, 5%.
Friday, July 20, 2012
An article in Elperiodico.com.gt reports that "Maga statistics indicate that the production of white maize has increased by 46% in the last six years, rising from 743 million quintals in 2006/07 to 1,080,000 for this year. "
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The production of both grains will be around 37.5 million and 5 million quintals respectively, therefore the MAGA is able to guarantee the supply for domestic consumption.
Due to a reduction of local production because of drought, the government has authorized, for the second half of the year, an increase in tax-free imports of red beans, rice and corn.
In order to ensure domestic supply and prevent price hikes, the government has announced it will import beans and corn.
From May 15th and for a month, 650,000 pounds of hulled rice, 650,000 quintals of unhusked rice, and 60,000 quintals of beans will be imported in the coming months.
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