A press release from the Ministry of Economy and Finance of Panama reads:
Unlike the previous two years, more cattle were slaughtered (9.0%) and more chicken meat was produced (9.4%), both domestically and for export.
This was highlighted in an Economic and Social Analysis report by the Ministry of Economy and Finance which noted that until July of this year, 223.242 cattle were slaughtered, 236.519 pigs and 66.071 metric tons of chicken meat was produced, while in in 2010 the figures were 204.709 for beef, 220.010 for pigs and 60.399 metric tons of poultry meat, during the same 7 month period.
Regarding the export of beef, the report stresses that whether fresh, chilled or frozen, last year's figures were surpassed by 599 metric tons or 22%, and the same was true for edible offal (719 metric tons or 46%) and live animals.
It is emphasized however, that there is concern in the agricultural sector about the increase in the price of raw materials such as corn and soybeans, which affect the production of poultry and swine. This aspect is being addressed by the implementation of the food chain project in Panama as a government strategy to be aware of the existing volumes of grain, prices and terms of imports, so that they can take measures to increase production and performance, to the benefit of producers, industries and consumers.
More on this topic
March 2011
Meat processing plants foresee slaughtering 250,000 more cattle by 2014, a 38% increase.
Onel Pérez, president of the Nicaraguan Chamber of Beef Exporters (Canicarne), noted that they expect to slaughter 650,000 animals in 2010, out of a maximum capacity of 1.1 million in the country's 4 processing plants.
October 2010
The Nicaraguan Chamber of Meat Trade is looking to expand beef exports in 3,000 additional tons.
The president of the National Cattlemen Nicaragua (Conago), René Blandon stated that if successful, beef exports to that country would reach 22 tons per year.
"Conago also hopes to improve the livestock value.
July 2008
Demand for beef in Panama is growing, as well as the prices the consumer must pay for this product.
Prices are now between $1.35 to $2.10 per pound, depending on the cuts of meat requested and where the purchase is made. Supermarkets and Chinese stores charge more than the public markets.
July 2010
In the first six months of the year foreign sales of meat, dairy products and livestock from Nicaragua reached $234.5 million.
In the same period of 2009, sales totaled $182,614.
Ronald Blandón, CEO of Nicaraguan cattle farming association, CONAGAN, told Elnuevodiaro.com.ni that, “2010 looks like being a year of growth for our sector. The outlook for all livestock products is positive with growth of 8% forecast”.
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