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Weekly Roundups

The Week in Agribusiness: Mexico’s Agri-food Superavit

By Alejandro Enríquez | Fri, 12/20/2019 - 15:19

Gruma got a loan to restructure its debt, while the country enjoys an agri-food surplus of US$7.65 billion according to government data.

In international news, Trump recently announced that China already started purchasing large amounts of agricultural products after both countries reached an agreement. Meanwhile, the Argentinian president announced there will be reimbursements for small producers who focus on exports.

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National Champions

  • Gruma gets a loan from Scotiabank of US$250 million for a six-year period at a 2.789 interest rate.
  • Mexico’s agri-food surplus grows 46 percent in October, totaling US$7.65 billion, according to the Minister of Agriculture and Rural Development.

South America on the Spotlight

Across the Atlantic

Alejandro Enríquez Alejandro Enríquez Journalist and Industry Analyst