April 5

MONTERREY, THE INDUSTRIAL HEART OF MEXICO, CONTRIBUTED 7.8% TO GDP LAST YEAR. (LA JORNADA 25) (LA JORNADA ONLINE )

Monterrey, in the state of Nuevo León in northern Mexico, is the country’s business and industrial heart. The metropolitan area is home to the country’s financial groups and companies engaged in exports, manufacturing and construction. Based on information published by the National Institute of Statistics and Geography (INEGI), Nuevo León contributed 7.8% of Mexico’s GDP at the end of last year, and of that total, almost 85% comes from its capital city. Today, Monterrey is considered the second city with the highest income in Mexico, behind Mexico City, and is home to national companies such as Cemex, Femsa, Gruma,Gamesa, Banorte, Vitro, and Grupo Alfa.

April 9

CORN FLOUR TORTILLAS, MADE FROM NATURAL GRAINS: SPECIALISTS. (EXCÉLSIOR ONLINE )

Corn tortillas are a fundamental part of Mexican cuisine and are recognized worldwide for their nutritional content. However, some still have doubts about which type of tortilla is better or more nutritious—the one made with nixtamalized corn flour or the traditional corn dough. The difference lies mainly in their quality controls. Nixtamalized corn flour is made by companies that must comply with strict sanitary standards, and add vitamins and minerals to their products during their manufacturing processes, so even tortillas made with corn flour tend to offer increased nutritional options for the human body. In this regard, the Gruma website notes that the origin of the name of its global brand, Maseca,comes from this process and the combination of the words “mas” and “seca,” meaning drier in Spanish; that is, drier or dehydrated dough. Gruma is the world’s leading company producing nixtamalized corn flour, tortillas and wraps. It is worth noting that, since its origin, in 1949, Maseca,a subsidiary of the Mexican company Gruma, has maintained the nixtamalization process in the preparation of its corn flour, adding folic acid, iron, zinc, vitamins and minerals over time, while maintaining its traditional nixtamalization process.

April 13

MXN 27 MILLION EARMARKED FOR FERTILIZERS IN THE GUANAJUATO FARMLAND. (ZONA FRANCA ONLINE (GUANAJUATO))

Paulo Bañuelos Rosales, Mexico’s Secretary of Agri-Food and Rural Development (SDAYR), reported that MXN 27 million would be allocated to purchase fertilizers for Guanajuato farmlands. Bañuelos Rosales also announced that his agency reached an agreement with Maseca to buy part of the grains produced in the state at prices benefitting farmers in Guanajuato.

April 15

CORN TORTILLAS, A NUTRITION ALLY FOR OLDER ADULTS. (CENTRO ONLINE (PUEBLA) )

It is well-known that the calcium in tortillas improves digestion, controls cholesterol levels, reduces the risk of cancer, and even strengthens the gums of older adults. The nutritional needs of older adults are very similar to those of newborns, so it is essential to look for foods that provide the nutrients required for their daily diets, such as corn tortillas, said Araceli Martínez Coronado, a nutritionist certified by the Mexican Association of Nutritionists. She mentioned the different varieties of tortillas on the market, including those made with corn flour, nixtamalized such as Maseca or Minsa, which are fortified with vitamins B1, B2 and B3, A, C, D, and E, which help people improve their memory, maintain healthy eyesight and an overall stronger immune system.

April 20

PREVIEW - GRUMA Q1 2022. (GOOGLE NEWS INTERNATIONAL)

United States – According to our estimates, Gruma Corp will report a 10% increase year-over-year due to higher prices and a gradual recovery in volume. We expect improved performance from the retail and institutional channels due to the reactivation of the economy.

April 21

GRUMA SALES UP 17%. (EL NORTE 13) (REFORMA 3) (MURAL 11) (EXCÉLSIOR 1-2) (EL FINANCIERO 18-19) (EL UNIVERSAL 22) (MILENIO DIARIO 17) (EL ECONOMISTA 20) (24 HORAS 16) (LA RAZÓN 17) (EL HERALDO DE MÉXICO 15) (EL SOL DE MÉXICO 16)

Gruma reported its financial results for the first quarter of the year and highlighted that it began 2022 with strong demand for its products globally, mainly in the United States and Europe, thus creating a solid foundation to maintain sustained growth. The beginning of the return to normality after the COVID-19 pandemic has led to stronger demand for products from food service chains (restaurants), as well as the high demand and success the company has achieved in the sale of its healthy line of products “Better for You” in that country. In addition, corn flour in the United States also registered growth in sales volume, driven primarily by customers who make corn-based foods. In Europe, after the pandemic, the demand for tortillas continues to grow among consumers in the old continent. Consequently, the company reported a 19% growth in sales volumes in the region. Gruma’s Net Sales in the period stood at USD 1.264 billion, for a 17% growth over the same quarter of 2021...

ALICIA SALGADO / CHECKING ACCOUNT. (EXCÉLSIOR 5)

The in-depth story about funds. #Gruma…Gruma’s net sales in Q1 2022 stood at USD 1.264 billion, for a 17% increase compared to the same quarter of 2021, thanks to its increase in sales volumes in the U.S., which was enough to offset the increase in the cost of grains and raw materials at a global level fueled by the conflict in Ukraine. Its net profits were 13% higher if you remove extraordinary income.

ROGELIO VARELA / CORPORATE NEWS. (EL HERALDO DE MÉXICO 14) (EL HERALDO DE MÉXICO ONLINE )

I have said that the rising cost of raw materials will put pressure, especially on companies in the food sector, putting their business management skills to the test. In this context, a Mexican firm with a global reach that managed to succeed is Gruma, chaired by Juan González, which, as you know, is a leader in the production of corn flour and tortillas. In the first quarter of the year, Gruma continued to improve its profitability despite higher costs, with the price of corn being the indicator to watch out for, in addition to certain labor costs. Over the past few years,Gruma has consolidated a global power that has allowed it to improve its numbers in 2022 in markets such as the United States and Europe, especially notable in the latter due to the impact of the Russian invasion of Ukraine on various economies in the region.

GRUMA REPORTS USD 1.264 BILLION IN SALES.(EN LOS TIEMPOS DE LA RADIO 6:20) (IN RADIO TIMES 7:07)

Juan Manuel de Anda: Gruma reported USD 1.264 billion in sales in the first three months of the year, representing a 17% growth over the same period in 2021. The company reported USD 165 million in operating cash flow with a net income of USD 61 million.

GRUMA RELEASED ITS FIRST QUARTER RESULTS(MILENIO NEWS (16:00 A 17:00) (MILENIO NEWS (18:00 A 22:00)

Maru Lozano: Gruma released its financial results for the first quarter, highlighting strong demand for its products globally, primarily in the United States and Europe. The multinational’s sales volume was up 3% during this period, with 1,043 million metric tons, driven primarily by its subsidiary in the United States.Gruma reported USD 1.264 billion in net sales, up 17% over the same quarter of 2021.

April 22

AFTER A 17% INCREASE IN SALES, GRUMA SEES CONTINUITY IN CONSUMPTION. (MILENIO DIARIO 17)

Gruma assured that despite the increase in prices registered in Mexico, it expects demand for its products to continue. “We feel comfortable with the price increases at this time. Our volumes have not been affected, and we do not believe they will be impacted in the future either,” the company said at an investor conference. According to the company’s financial report presented this Wednesday, its sales in the first quarter stood at USD 1.264 billion, 17% above the same quarter of 2021.

GRUMA REPORTED USD 1.264 BILLION IN SALES(EN LOS TIEMPOS DE LA RADIO)

Adriana Romero: Gruma reported USD 1.264 billion in sales in the first three months of the year, representing a 17% growth over the same period in 2021. The company reported USD 165 million in operating cash flow with a net income of USD 61 million.

THE MONIES WITH RODRIGO PACHECO(IMAGEN NEWS CON YURIRIA SIERRA)

Gruma reported positive results at the beginning of this year with a 17% growth in sales thanks to the high demand for its products in the United States and Europe, with 5% volume growth in the United States and 19% volume growth in Europe.

April 26

TLAXCALA TO PROVIDE MASECA WITH BLUE CORN. (EL SOL DE TLAXCALA ONLINE)

After the National Institute of Forestry, Agriculture, and Livestock Research (INIFAP) met with Grupo Industrial Maseca, scientists at the research center will create blue corn progenitors for the brand to develop new products. The head of the Tlaxcala experimental site, Dolores Briones Reyes, mentioned that INIFAP promoted the hybrid corn produced in Tlaxcala with the company last year so that it could buy the product directly from state farmers. Fortunately, Gruma was interested in acquiring blue hybrids since they meet the quality requirements for its new products, such as corn flour snacks and chips.

April 30

GRUPO GRUMA AND INIFAP ENTER INTO AN AGREEMENT THAT PROMISES TO HELP FARMERS IN TLAXCALA. (SDP NOTICIAS.COM ONLINE )

Grupo Maseca (Gruma) and INIFAP (the National Institute of Forestry, Agriculture, and Livestock Research) entered into an agreement that promises to provide direct help for farmers in Tlaxcala. Grupo Gruma has expressed an interest in purchasing the blue corn produced by farmers in Tlaxcala. Gruma already supports producers in different states. In addition to supporting farmers, the company also seeks to favor consumers by guaranteeing quality products, thus benefitting consumers and producers alike. Gruma will significantly reduce its costs by purchasing corn in the states where it operates.