The Honduras Secretary of Agriculture and Livestock (SAG), Jacobo Regalado, announced that corn prices have fallen after the collapse of its value in the international market. The expectation of overproduction is what has caused the world market price of corn to decline, he stated.

SAG has made initial negotiations with some companies for cornmeal, in which they have assigned a base price and accepted the terms.

He announced that the SAG will present a proposal on Friday, which will help with the financing of small farmers and entrepreneurs so that they are not affected by price changes.