Financial Education - Timely and transparent market information

Price monitoring helps the smooth functioning of international and domestic markets by providing timely and transparent market information, and provides a basis for evidence-based decision making and food security strategies.

Past events of price volatility have highlighted the value of timely market information and analysis in mitigating negative effects on low-income population groups whose food expenditures represent a large share of their total expenditure.

The FAO (Food and Agriculture Organisation of the United Nations) plays a key role in monitoring, analyzing and disseminating food price data along the food supply chain, from producer to consumer, both nationally and internationally.

So the production of this item in Venezuela is largely done in the traditional way and represents an important aspect in the peasant economy and small producers. Throughout its history, the plantain has been handled by traditional methods. In colonial times it was a home backyard crop that arose to supply the family nucleus, which was gradually extended to local commerce, small and medium industry until it reached national commerce.

Currently, plantain production in Venezuela is based exclusively on the giant plantain clone (hartón gigante), although there are other clones that are less exploited commercially in different agro-ecological confusions that range from 0 to 800 meters above sea level.