Recently, an international forum on the issue was held in Nicaragua, where representatives of the agribusiness sector from countries like the United States and Mexico, among others, took part, and which raised the issue of the challenges facing the Nicaraguan agribusiness in increasing their competitiveness internationally.

Among the main conclusions reached, was the need to industrialize the production process, achieve an adequate transformation of products and generate added value, in order to streamline the work, especially in the field.

So says an opinion piece by Salvador Castillo, published in laprensa.com.ni: "The prospects are good, however it is important that steps are taken so that both companies and producers take ownership of projects that involve transforming products, requiring that companies interested in the development of agribusiness in Nicaragua be offered incentives, which could be fiscal and economic, in order to consolidate the marketing, production and export of processed goods. "

Source: laprensa.com.ni

More on this topic

Optimistic Perspectives for Agriculture in Nicaragua

June 2017

The agricultural and livestock guild plans to close the 2017/18 cycle with growth close to 5.5%, which is due to better yields and a rebound in international prices of the main export products.

Companies in the agricultural sector expect better results to be achieved in the next agricultural cycle than in the previous one, which was affected, among other things, by the low international prices of products such as sugar cane, sorghum and peanuts.  For the 2017/2018 cycle, better prices are expected in the international market along with growth in production.

Costa Rica: Challenges for the Dairy Sector

April 2017

There still remains tasks to be completed in the process of preparing to compete with milk and dairy products, which in 2025 will start to enter the country duty-free under the CAFTA.

In regards to how to prepare for the next market opening, José Antonio Madriz, President of the National Chamber of Milk Producers, told Nacion.com that there still remains work to be done, and that they "... have approached the Ministry of Agriculture and Livestock (MAG) several times, as lead agency, to establish joint plans between the private sector, government, universities and other research centers, but the result is insufficient."

Livestock Traceability in Nicaragua Moves Forward

December 2016

In the difficult route to increase the sector's sales abroad, the country has so far managed to register 58% of the cattle herd.

The advanced comes after five years of efforts between the authorities and trade associations to have included in their records 22% of cattle farms in the country and 58% of cattle organizations, but industry representatives believe that there is still much to be done to meet the traceability requirements that are impeding the entry of Nicaraguan meat products into some markets, including the European Union (EU).

Nicaragua: Monopoly in the Dairy Industry?

February 2016

Nicaraguan cattle farmers are complaining that the Mexican company Lala could be stockpiling more than 70% of the milk available to the industry.

Complaints by entrepreneurs in the Nicaraguan dairy and livestock sector come just days after the Mexican industrial group announced the purchase of the company Productos Lacteos La Perfecta, which generates annual sales of $46 million.