Emapa fixes the reference price per ton of wheat at $335

The Empresa de Apoyo a la Producción de Alimentos (Emapa) fixed yesterday the base price of wheat at $335 per ton for the winter 2021 agricultural campaign. It plans to support more than 450 producers to encourage the planting of wheat in an area of 67,660 hectares for a production of 123,817 tons.

AFP investments total $20.89 billion, 96% placed in the country

The Government informs that as of January 31, 2021, the Pension Fund Administrators (AFP) have an Investment Portfolio that represents 95% of the total funds of the Integral Pension System (SIP), with an amount of $20.89 billion, the remaining 5% does not invest to guarantee the monthly payment of benefits. Of the total SIP investments, 96% distributes in local (national) instruments; and the remaining 4% is in Sovereign Debt Bonds (foreign investments).