Industrias Bachoco increased its sales by 11.6% in 2020 at the interannual rate, adding 68,791 million pesos. Bachoco owns and manages more than 1,000 facilities, organized in nine production complexes and more than 80 distribution centers in Mexico, and one production complex in the United States. In general,
The peso closed the session with a depreciation of 0.26% or 5.3 cents, with the exchange rate trading around 20.19 pesos per dollar after hitting a maximum of 20.2431 and a minimum of 20.0742 pesos. The peso ranked as the second most depreciated currency in the basket of
Endeavour Silver Corp. granted an option to purchase a 100% interest in its Guadalupe y Calvo gold-silver exploration project in Chihuahua, Mexico from Ridgestone Mining Inc. Under the terms of the option agreement, Ridgestone is entitled to acquire a 100% interest in the project through payments over a
US exports of snacks and confectionery to Central America have the potential to continue growing, highlighted the United States Department of Agriculture (USDA). Two key free trade agreements, the Dominican Republic–Central America Free Trade Agreement (or CAFTA-DR) and the Trade Promotion Agreement between the United States and Panama,
The Trade and Cooperation Agreement (ATT) between the European Union and the United Kingdom will be crucial, highlighted an analysis by the European Parliament. On December 30, 2020, the EU and the UK signed the ATT, concluding almost 10 months of negotiations. As of January 1, 2021, the
The United States Department of Agriculture (USDA) said there is some uncertainty about the use of glyphosate and genetically modified corn in Mexico. On December 31, Mexico published a final decree in the Official Gazette of the Federation (DOF) calling for the gradual elimination of the use of