Mexico: The cost of corn flour will have a considerable increase

Published Jan 21, 2022

Tridge summary

Starting February 1, the cost of corn flour tortillas in Tabasco, Mexico, is set to increase due to a 5% price hike in flour, affecting both producers and consumers. This adjustment, applied by flour companies such as Maseca, Minsa, Harimasa, and San Blas, is the first of 2022 and follows a trend of increasing costs in various inputs used in tortilla production, including spare parts, services, and labor, due to global inflation exacerbated by logistical challenges caused by the pandemic. These rising costs are squeezing the profit margins of micro-enterprises that make up the majority of the tortilla production sector in Tabasco, leading to concerns about the sustainability of the industry and the affordability of food for the region's population.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

FRANCISCO URIBE. TABASCO NEWS. The 5% increase from February 1 will “hit” the owners of tortilla shops. The adjustment will be 750 pesos per ton. CENTER, Tabasco. An increase of 5 percent, which represents 750 pesos more per ton, is the increase that as of February 1 will be applied to the price of a ton of corn flour to produce hot tortillas, directly adding to the cost of production of the Industrialists of the dough, the tortilla and its derivatives in the state of Tabasco. The UIMTTAB in the voice of its president Raúl Morales Cabrales, confirmed that this increase is the first to be announced entering the new year 2022, by the flour companies among which the market is distributed: Maseca, Minsa, Harimasa and San Blas, at least with a presence in the southeast of the country. He stressed that the ton of corn flour in its three presentations will suffer a price increase of 5 percent, when adjusting in real terms 750 pesos per ton. In other words, the Agroinsa flour, which now ...

Source: Inforural