With an approved public spending budget of 7.09 trillion pesos (over £288 billion) for 2022, Mexico‘s government purchases market is one of the largest in Latin America and the Caribbean, a UK government report highlighted. The budget covers a wide spectrum of public spending from the acquisition of
Commercial fertilizers have risen in price as a result of the conflict between Russia and Ukraine, which will reduce agricultural yields, French risk insurer Coface projected. Already since last year, fertilizer prices had increased. According to the World Trade Organization (WTO), prices for urea, a key nitrogenous fertilizer,
Bribery and corruption are a significant problem in Mexico, highlights a UK government report. For starters, Mexico ranks 124th out of 180 countries in Transparency International’s Corruption Perceptions Index, improving 11 places since 2017, despite the rise in scandals and recent criticism over levels of impunity and the
World cereal production in 2021 amounted to 2,796 million tons, 0.7% more than the previous year, according to the most recent estimates of the Food and Agriculture Organization of the United Nations (FAO). Going forward, world wheat production is forecast to be 775.4 million tonnes, down 0.1% year-on-year.
Universal Corporation and Pyxus are the world’s leading providers of leaf tobacco, competing in a shrinking market. In general, competition among suppliers of leaf tobacco is based on the ability to meet customer specifications in the growing, purchasing, processing, and financing of tobacco, and on the prices charged
Cereal exports have been affected by logistics and financing problems as a result of the conflict between Russia and Ukraine, highlighted a report from the World Trade Organization (WTO). To begin with, most of the Russian Federation’s Black Sea port terminals were operational in mid-March, but some restrictions