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Panama's livestock industry will also be hit in 2020 by a reduction in meat consumption, the National Association of Livestock Producers (Anagan) said recently.
data show that in 2020, the number of beef cattle out of the column decreased by about 10,000 head year-on-year, the economic loss reached 9 million U.S. dollars.
, while dairy production has increased this year, its market earnings have not been as good as expected.
Panama Papers on 24 December, the President of the National Association of Livestock Farmers of Panama, Gerardo K. As a result of the outbreak, the purchasing power of Panamanian consumers has declined and meat purchases have declined, says Gerardo González, the country's prime minister.
17kg in February and 14.6kg in November," he said.
271,875 cattle were slaughtered in Panama between January and September 2020, down about 10,000 from a year earlier and down about 4.1 percent, according to the "2000s."
, August was the biggest year-on-year decline, at 15.9 per cent, followed by May, down 12 per cent.
that production in all agricultural sectors grew by 5 per cent for the full year, but that market earnings were not as good as expected.
For example, production of milk and related products has grown, with milk production up 0.8 per cent year-on-year from January to September, while production of evaporative milk, condensed milk and milk powder increased by 44.8 per cent year-on-year and pasteurized milk increased by 17.4 per cent, according to data released by the National Audit Office.
, however, as incomes declined, consumers in Panama had to look for alternatives to meet the basic needs of households, and milk-related consumption declined year-on-year.
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