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Peruvian food importers now set their sights on fertilizers

In recent months, there have been warnings about the shortage of food such as wheat, corn and sugar. But to what magnitude? Esteban Vargas, Dinet's Central Operations Manager, points out that large companies that used to import up to 500 containers a month with basic foods have stopped bringing between 100 and 150.

It is as a result of this that companies in this sector are looking at alternative markets and betting on the purchase of fertilizers. "They aim to change their mix," reveals the executive.

Entrepreneurs see a business strategy there because they know there will be a shortage and in the coming months the value of the input will skyrocket; "This way they hope to recoup their losses," he says.
Negotiations are being carried out with countries such as Brazil and Argentina, as there are currently no restrictions for this, he says. While organic fertilizers are an alternative, this solution might only work for small farmers, he says.

On the other hand, it is observed that imports of packaged products also suffered a fall. "It's not noticeable, but we see that (the number of containers) is down between 5% and 6% compared to the previous year," he notes.

Source: blueberriesconsulting.com


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