FAO reported that a study in Mexico suggests that the higher interregional trade costs of fruits compared to maize, coupled with food livelihood constraints, prevent farmers from specializing in cash crops such as fruits. Trade costs explain much of the relative employment between corn and fruit and lower
The Food and Agriculture Organization of the United Nations (FAO) analyzed the trend in food and agricultural exports over 26 years, from 1995 to 2020. Since 1995, agricultural and food trade has more than doubled in volume and calories. It has also increased the use of natural resources
To ensure supply, Grupo Bimbo, the world’s largest bakery company, has entered into wheat hedging contracts in an environment of wheat uncertainty. Grupo Bimbo purchases large quantities of raw materials, such as wheat flour, edible oils and fats, sugar, eggs and plastics used in the packaging of its
The labor dispute over a Saint Gobain facility in Mexico was successfully concluded under the Mexico-U.S.-Canada Agreement (USMCA). On September 27, 2022, the AFL-CIO, United Steelworkers and the Independent Union of Free and Democratic Workers of Saint Gobain Mexico, a Mexican union, filed a T-MEC Rapid Response Mechanism
The net sales of Cemex in Mexico increased 9% during the third quarter of 2022, driven by its pricing strategy and a rebound in the formal sector. In local currency terms, cement prices increased 17%, ready-mix prices increased 16%, and aggregates prices increased 21%. Cement volumes decreased 7%,
The Federal Economic Competition Commission (Cofece) informed on Thursday that it is investigating services related to credit card transactions in the form of deferred payments with interest-free months. To begin this process, Cofece published, in the Official Gazette of the Federation (DOF), the notice of initiation of an