The revival of geopolitical tension between Russia and Ukraine has not only set off alarms in many economies around the globe. Although a direct confrontation has not yet been reached, for now only sanctions from United Statesthe truth is that the peruvian families they would feel its ravages despite the fact that the conflict takes […]
Tag: wheat
Peru imported more than US$ 573 million in wheat during 2021
The Peru imported in the 12 months of 2021 a total of 1,856 million 087,714 kilos of wheat for a CIF value (includes import costs) of US$ 573,053,427 million; according to the portal Agrodata Peru. This figure reveals an increase of 9.79% from the 516 million 951,798 dollars (2,111 million 990,148 kilos) reached in 2020; […]
Dollar: why are the prices of some products still high despite the drop in the exchange rate?
Despite the fact that the dollar has fallen by -6.04% thanks to the solid macroeconomic fundamentals, the consumer has expressed his discomfort at not seeing that the fall in the safe haven currency is transferred to the prices of food and basic necessities. Given this concern, experts consulted by La República specify that lower prices […]
Rise in food prices? Chinese hoarding?
by Adam Minter In recent months, food prices have reached 10-year highs, causing concern around the world. Supply chain bottlenecks, labor shortages, bad weather and an increase in consumer demand are among the factors responsible for the increase. There’s also a lesser-known phenomenon: China is grabbing key commodities. According to the United States Department of […]
Soy is trading above US $ 500 per MT and scores its ninth consecutive rise
The soya it scored its ninth consecutive day of growth in the Chicago market and was above US $ 500 per ton, on a date for the international scenario in which corn also advanced, while wheat traded down. Thus, the January contract for the oilseed, responsible for historical peaks in the price of cooking oil […]