Bolivia

GIEWS Country Brief: Bolivia 12-February-2016

Source
Posted
Originally published
Origin
View original

Attachments

FOOD SECURITY SNAPSHOT

  • Plantings of 2016 summer maize crop to decline

  • Total cereal production in 2015 estimated at record levels

  • Cereal imports in 2015/16 marketing year anticipated to decline

  • Wheat flour and yellow maize prices increased in January

Plantings of 2016 summer maize crop estimated to decline

Sowing of the main 2015/16 summer season maize crop was concluded in early December last year. Latest estimates point to a 27 percent contraction from last year’s level to 80 000 hectares, mainly reflecting low market prices.

Total cereal production in 2015 estimated at record levels

Cereal production in 2015 is estimated to have increased by some 6 percent from the previous year to 2.6 million tonnes, the highest level in the past ten years. This mainly reflects higher maize and rice outputs as a result of increased yields. Wheat production, however, declined from the high level of the previous year but remained well above the country’s five-year average.

Cereal imports in 2015/2016 marketing year anticipated to decline

Cereal imports in the 2015/16 marketing year (July/June) are expected to decline from the high levels of the previous two years, mainly reflecting high Government stocks, particularly of maize and wheat. Overall, cereal imports are tentatively forecast at 476 000 tonnes, some 20 percent below last year’s level.

Wheat flour and yellow maize prices increased in January

Prices of imported wheat flour increased by 12 percent in January in the main Santa Cruz market and were slightly higher than a year earlier, mainly reflecting the reduced output last year.

Yellow maize prices also increased in January reflecting seasonal trends, but were lower than a year earlier due to adequate availabilities from the good 2015 production.