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Reference Date: 30-December-2015

FOOD SECURITY SNAPSHOT

  1. Cereal production in 2015 severely reduced by drought

  2. Cereal imports forecast at record level in 2015/16 marketing year (July/June)

  3. Prices of main food staples decline in November: maize prices remain high

Cereal production in 2015 severely reduced by drought

FAO preliminarily estimates the 2015 cereal production at 465 000 tonnes (paddy equivalent), some 8 percent below last year’s drought‑reduced output. For a second consecutive year the main “de primera” agricultural season (May/September) was significantly affected by prolonged dry weather, associated to the El Niño phenomenon. Production for maize, the main cereal grown in the country, is estimated at 350 000 tonnes, some 12 percent below last year’s level and well below the previous five‑year average. Rice production is estimated at 77 0000 tonnes (paddy equivalent) or 9 percent below last year’s drought reduced level and below the country’s average.

Cereal imports forecast at record level in 2015/16 marketing year (July/June)

Reflecting this year’s drought reduced output, cereal imports are forecast at a record level of 975 000 tonnes. In order to mitigate production shortfalls the Government has allowed larger maize purchases at a zero tariff from outside the Central American region, mainly from the United States of America and Mexico. The increase in imports mainly reflects greater maize purchases, mainly from the United States of America. Rice imports are also forecast to moderately increase.

Prices of main food staples decline in November: maize prices remain high

Wholesale prices of white maize declined sharply in November reflecting adequate availabilities from the recently-completed secondary season harvest and imports from the United States of America and Mexico, the subregion’s main producer. Prices, however, remained above their levels a year earlier supported by the reduced first season outputs.

Bean prices in November continued to decline and were below their year-earlier levels. Ample availabilities from recent imports, supplies from the 2015 first and second season harvests put downward pressure on red bean prices. Overall, red bean prices in November were below their levels of the same month a year earlier.

The Government has also introduced since November a freeze on prices until January on 20 basic food products, including most cereals and beans, to prevent excessive increases in prices.









Relevant links:
From GIEWS:
 Food Price Data and Analysis Tool
 Earth Observation Indicators
 Maps
 Seasonal Indicators
 Vegetation Indicators
 Precipitation Indicators
 Graphs & Data
 NDVI & Precipitation
 Crop and Food Security Assessment Mission (CFSAM) Reports & Special Alerts: 1999
From FAO:
 FAO Country Profiles

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