Drought will last until November, warns the CAO

Bolivia's Cámara Agropecuaria del Oriente (CAO) warned that the drought will last until November.The business entity said that the drought period was brought forward by the heavy frosts that were recorded throughout the department of Santa Cruz and generated losses of $240 million in the agricultural sector.

YPFB expects revenues of $140 million annually after reactivating the urea plant

The state-owned oil company YPFB estimates annual revenues of between $120 and $140 million once the Ammonia and Urea Plant (PAU) reactivates fertilizer production. The plant's stoppage caused economic damage to the State, quantified at $291.19 million, related to lost profits, stoppage costs, repair of damaged equipment and lack of adequate maintenance.

PIL stopped selling 81 MM litres of milk between 2020 and 2021

Between 2021 and 2021, the PIL industry stopped selling 81 million litres of milk throughout the country due to the entry of contraband dairy products, the fall in exports, low sales in the domestic market and the reduction in the purchase of milk for school breakfast. Given this situation, the industry decided to suspend the collection of 330,000 litres of milk on Sundays and collect only 50 per cent of that amount on Saturdays, affecting 5,000 producers.

Gas shortage jeopardizes the production of 1 million litres of alcohol

The Bermejo sugar mill will have to use firewood and bagasse during the 2021 harvest, even though the state-owned YPFB announced the provision of diesel to solve the shortage in this industry. The lack of gas supply jeopardizes the production of at least 1 million litres of alcohol. For this year, the factory plans to produce 700,000 quintals of sugar. Milling will begin this Wednesday.