Pagina Siete reports:

Rains affected 50% of soybean crops

Grain prices are lower

The Association of Oilseed and Wheat Producers (ANAPO) reported that grain prices fell by 30%, while farm input costs are the same.

“There was a fall in grains (prices); in some cases 30%, however, the costs are still maintained, and for this reason there is a crisis hitting the productive sector,” said the president of ANAPO, Reynaldo Diaz.

For example, he explained that until last year, the price was $400 and currently “we are talking about $320, there was a fall of 30%.” In addition, he reported that 50% of soybean crops were affected by heavy rains.

http://www.paginasiete.bo/economia/2015/7/29/baja-precio-granos-64763.html

Aside of what the news explains above, we must remember that current government keeps on failing on food security public policies such as: lack of a judicial system that protects land owners and producers from violent takeovers; smuggling of food brings down the prices to the detriment of our producers.

This government is failing big time!!