Demand for air cargo around the world stabilized over the past four months at levels well above the pre-pandemic period, IATA reported. Industry-wide freight ton-kilometers (CTK) increased 7.7% in August 2021 compared to August 2019, which is only modestly slower than July (8.8%) and well above the long-term
Food spending fell in 2020 in the United States for the first time, after 10 years of continuous year-on-year growth. More than anything affected by the Covid-19 pandemic, the decrease in this indicator was 7.8 percent. Annual real, or inflation-adjusted, food spending in the United States has increased
Mexico would have a 4% year-on-year increase in its sugar production in the 2021-2022 season, to 6 million 296,000 tons, the United States Department of Agriculture (USDA) projected. Before, in the 2020-2021 cycle (October-September), Mexican sugar production rose 8.3% annually, to 6 million 058,000 tons. The USDA forecasts
Grupo Bimbo and Arytza are among the main suppliers to Arcos Dorados Holdings, one of the largest independent McDonald’s franchises in the world in terms of system-wide sales and number of restaurants. Arcos Dorados, according to McDonald’s, represented 2.8% of McDonald’s global sales in 2020. In particular, Grupo
Global industry passenger-kilometer (RPK) air market revenue was 56% below pre-crisis levels of 2019 in August 2021, IATA reported. This is a deterioration compared to the 53% drop in July. This was also reflected in seasonally adjusted RPKs, which fell 7.1% month-on-month in August, the first drop since
Mexico’s agri-food trade balance outlines the seventh annual surplus in 2021, the Ministry of Agriculture reported. From January to July 2021, the agricultural and agroindustrial trade balance has a surplus of 4.959 billion dollars. It is also the fourth largest positive balance in 27 years (since 1995), derived