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Central America and Caribbean Price Bulletin, June 2023

The Famine Early Warning Systems Network (FEWS NET) monitors trends in staple food prices in countries vulnerable to food insecurity. For each FEWSNET country and region, the Price Bulletin provides a set of charts showing monthly prices in the current marketing year in selected urban centers andallowing users to compare current trends with both five-year average prices, indicative of seasonal trends, and prices in the previous year.

The main staple foods produced and consumed throughout most of Central America and the Caribbean are maize, rice, and beans; the latter constituting a key source of protein for poor households. In Guatemala, El Salvador, Honduras and Nicaragua white maize, mostly consumed in the form of tortillas, and red or black beans are preferred, while in Costa Rica and Panama rice dominates in production and consumption. In Haiti, the primary staples are rice, black beans, and maize.

In Central America, there are typically two main growing seasons: the Primera (April-September) during which maize is primarily produced, and the Postrera (August-December) during which bean production dominates. The Apante season (November-March) is a third growing season during which beans are produced in south-central Nicaragua, northern Guatemala, and northern Honduras. In Haiti, there are several growing seasons. Maize is produced during the Primavera season (April-September). Black beans are produced over two seasons in Haiti’s humid and mountainous areas. The first season spans from March to May and the second from July to October. Beans are also produced in the country’s irrigated and humid mountainous areas during a third, fall season from December to January.

White maize and beans are commonly traded between Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica in Central America. The market in San Salvador in El Salvador is considered the most important regional market for these staple foods and is well integrated with the rest of the region; due to the high levels of commercial exchange it hosts both with regional and international markets. Other important trade hubs include Guatemala City (Guatemala), San Pedro Sula and Tegucigalpa (Honduras), Chontales and Managua (Nicaragua), San Jose (Costa Rica) and Panama City (Panama). The Dominican Republic is Haiti’s main source for imported maize, beans, and tubers. Haiti relies heavily on the United States for rice imports, for about 80 percent of consumption needs.

Source: Relief Web