CNA warned that droughts and heat waves have affected the agri-food supply chain. Meanwhile, Mexico’s government and FAO will foster the development of young people in the rural sector through the Mesoamerica Without Hunger program.
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The National Agricultural Council (CNA) warned that climate change, drought and heat waves have put food security at risk, as they have caused food shortages and an increase in food prices. According to an analysis performed by the council, drought has affected more than 1,300 municipalities in Mexico and has delayed the beginning of seedings for the spring-summer cycle. Moreover, basic food basket products including tortillas and sliced bread continue to experience rising prices. Experts pointed out that authorities need to take urgent action to curb further impacts on agri-food supply.
The federal government, in alliance with FAO, is promoting actions to foster the development of young people in the rural sector in Mexico and Latin America through the "Mesoamerica Without Hunger" program. This initiative is supported by institutions from different countries in Latin America and it aims to provide relevant and effective solutions to food insecurity among vulnerable populations.
Shell, in collaboration with ENDESU, announced the completion of the second phase of their oyster cultivation modernization project in Tabasco. The initiative employs an innovative floating Australian-style basket technique, which has demonstrated enhanced production efficiency and environmental sustainability when compared to traditional methods. The adoption of innovative technologies in oyster cultivation not only boosts production efficiency but also aligns with the imperative of sustainable resource management.
Victor Villalobos, Minister, SADER, and Mohamed Alkuwari, Qatar’s Ambassador to Mexico, agreed to exchange experiences on the management of arid and semi-arid crop areas, as well as to cooperate in technology transfer projects for date palm cultivation. Moreover, the diplomats extended mutual invitations for date and honey festivals in Mexico and Qatar, aiming to expand direct agri-food trade between both nations. In 2022, Mexico's exports to Qatar accounted for US$79.68 billion in 2022. Meanwhile, imports stood at US$42.42 billion.
In 2Q23, FEMSA’s earnings reached MX$198.2 billion (US$11.6 billion) which represents a year-on-year increase of 18.3%. The company’s logistic and retail divisions, Envoy Solutions, and OXXO accounted for almost half of the company’s gains during this period, at 23.1% and 19.9%, respectively. In this regard, FEMSA will allocate between US$7 billion and US$8 billion to the opening of convenience stores over the next six years.
In Monterrey, Water and Drainage Services (SADM) launched the Program for the Reorganization of Fractions and Developments (PREF), which aims to solve drought problems that have affected the Metropolitan Area. According to the state government, the program stands at 67% completion following the investment of US$3.9 million in potable water and sanitation systems.