GIEWS Nation Transient: Panama: 22-August-2022 – Panama

August 22, 2022



  • Harvesting of 2022 minor paddy crop began in August

  • Cereal import necessities forecast at excessive ranges in 2022/23 advertising yr

  • Authorities applied varied measures to include will increase in meals costs

Harvesting of 2022 minor paddy crop began in August

The 2022 minor season paddy harvest began in August and shall be accomplished by September. Crop circumstances are typically beneficial in the important thing producing western area (see inexperienced areas within the VHI map) as a result of good seasonal rains between April and July. The continuing sowing operations of the principle paddy crop will proceed till finish‑September. Climate forecasts level to common to above‑common precipitation for the September‑November interval, bolstering yield expectations for the principle crop.

The planted space deliberate for the 2022 paddy crop is at a median degree of 90 000 hectares. Availabilities of inputs, together with seeds, fertilizers and herbicides, had been reported to be enough to cowl the entire annual paddy and maize manufacturing in 2022. Nevertheless, fertilizer imports within the first half of 2022 had been 15 % beneath the identical interval of the earlier three years, as a result of excessive worldwide costs of fertilizers. The 2022 combination manufacturing of paddy crops, largely rainfed, is preliminarily forecast at an above‑common degree of 390 000 tonnes, reflecting constructive yield prospects for each major and minor crops ensuing from beneficial climate circumstances.

Equally, harvesting of the minor season maize crop is ongoing. Crop circumstances in the important thing producing province of Los Santos, within the southern a part of the nation, are beneath the lengthy‑time period common as a result of beneath‑common precipitation between June and July. Beneficial rainfall forecasts within the coming months are anticipated to replenish soil moisture deficits and enhance yields of the 2022 major maize crop, to be harvested from December.

Cereal import necessities forecast at excessive ranges in 2022/23 advertising yr

Cereal import necessities within the 2022/23 advertising yr (September/August) are forecast at an above‑common degree of 835 000 tonnes. That is as a result of sustained demand of wheat for human consumption and maize by the feed trade.

Authorities applied varied measures to include will increase in meals costs

Retail costs of rice have been mounted by the Govt Decree No. 165 since mid‑2014. In July 2022, the variety of meals objects falling underneath the utmost value ceilings was expanded from 14 to 18 and embrace vegetable oil, spaghetti and elbow pasta, sliced bread and loaf referred to as “michita”, lentils, milk powder, complete hen, and so on.

Relating to beans, after declining seasonally from November 2021 to Might 2022, wholesale costs rebounded in June and had been about 10 % greater yr on yr. Costs of maize additionally remained greater than their yr‑earlier ranges as of June 2022, reflecting elevated export costs in the USA of America, the nation’s major maize provider.

In July 2022, the federal government applied a collection of measures to include value will increase, amid rising inflation, with the annual inflation charge of meals objects estimated at 4.8 % in July 2022 . Along with the enlargement of the protection of the worth ceiling programme, the federal government introduced to offer subsidies of 25 % on 36 regionally produced meals merchandise bought within the state‑run Agricultural Advertising and marketing Institute (IMA) shops and markets. Moreover, import tariffs on 12 merchandise, together with wheat flour, maize meal, soybean and palm oil, had been eradicated. For some imported merchandise, equivalent to wheat flour, bread, maize flour and flakes, vegetable oil, the cap on the gross revenue margin of its commercialization in retail market was launched.

Disclaimer: The designations employed and the presentation of fabric on this info product don’t suggest the expression of any opinion in any way on the a part of FAO in regards to the authorized standing of any nation, territory, metropolis or space or of its authorities, or in regards to the delimitation of its frontiers or boundaries.

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