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Reference Date: 04-March-2014

FOOD SECURITY SNAPSHOT

  1. Early estimates point to an increase in 2013 maize and bean production

  2. Cereal imports forecast to rise in 2013/14 (July/June) on demand from feed sector

  3. Bean prices surged in February while maize prices remained low

Early estimates point to an increase in 2013 maize and bean production

Harvesting of the 2013/14 second “de postrera” and third “de apante” maize and beans seasons are virtually completed. Good outputs are anticipated due to favourable weather and the Government’s provision of supplemental technology packages in response to reduced yields of the main cropping season “de primera”, gathered until December last year, due to severe dry weather. Preliminary estimates point to an 2013/14 aggregate maize production of 953 000 tonnes, a new record level. Production of maize in the last two years has been increasing primarily due to the Government’s production support programmes, which consist in the distribution of improved seeds, fertilizers and the provision of extension services.

A good production of the 2013/14 bean crop is also expected. All three seasons (de primera, postrera, and apante) were favoured by relatively good weather. Like for maize, the Government has prodived technology packages to support production. Preliminary official estimates point to an 8 percent increase in the output from 2012 to 127 000 tonnes.

Cereal imports forecast to rise in 2013/14 (July/June) on demand from feed sector

Cereal imports in the 2013/14 marketing year (July/June) are forecast to reach 750 000 tonnes or 8 percent up from last year’s reduced level. This increase has been revised downward from earlier projections due to better than expected production. The increase primarily reflects high demand for yellow maize from the feed industry. Wheat imports are also forecast to marginally increase.

Bean prices surged in February while maize prices remained low

Notwithstanding the increase in local bean production, prices in El Salvador surged 23 percent in February and were 18 percent higher than at the same time last year. Prices were supported by a significantly reduced regional output following poor bean crops in Nicaragua and Honduras, the country’s main suppliers of beans.

By contrast, wholesale white maize prices seasonally increased 5 percent from January but remained lower than in February 2013. The low maize price reflects the ample supplies in the market from last year’s bumper crop.









Relevant links:
From GIEWS:
 Food Price Data and Analysis Tool
 Main Food-related Policy Measures (From 1 Jan 2008 to 11 Oct 2011)
From FAO:
 FAO Country Profiles

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