The Mexican company Coca-Cola FEMSA reported this Thursday that its sales volume fell 2.5% at an annual rate in 2020. Above all, this indicator had a negative trend due to confinement and social distancing measures as a result of the Covid-19 pandemic. This decrease was partially offset by
World trade in cereals forecast for the 2020/2021 season increased by 10.6 million tons from December, to 465.2 million tons, according to FAO. Thus, the amount represents an expected expansion of 25 million tons (5.7%) compared to the record of the previous cycle. According to FAO forecasts, trade
The peso starts the session with a significant depreciation of 1.63% or 33.2 cents, trading around 20.71 units of peso per dollar, with the exchange rate touching a minimum of 20.3714 and a maximum of 20.7565 units of pesos. The upward movement of the exchange rate is associated
Grupo Elektra reported that it currently has 6,601 points of contact, a decrease of 9% compared to those it operated at the end of 2019. The decrease results from the closure of 397 points of contact for Purpose Financial in the United States -in the context of strategies
The peso closed the session with an appreciation of 0.74% or 15.1 cents, trading around 20.40 pesos per dollar, with the exchange rate touching a minimum of 20.3504 and a maximum of 20.5557 pesos. The appreciation of the peso occurred alongside several currencies of commodity-producing economies, after a
Fresh Del Monte Produce Inc. reported that it decreased its avocado sales by 12.8% in 2020, to $ 332 million. Avocados are one of the fastest growing agricultural products in the United States. Fresh Del Monte’s avocados are sourced primarily from Mexico, where the company has its own