Nicaragua: Bean Producers Get Together
Small bean producers will create a company that will sell the grain to Salvadoran importers.
Tuesday, April 14, 2009
The measure, whose implementation will cost $600 thousand for the construction of a plant in the city of Sebaco, aims to minimize the relationship between the Nicaraguan producer and the Salvadoran importer to increase bean harvest profits.
Problems related to health and safety come top the list of reasons why shipments of Guatemalan products are rejected in the US and Europe.
A lack of incentives, slow modernization and increased worldwide competition have weakened the country's agro-export sector.
According to data from the Department of Agriculture and Stockbreeding, the farm sector increased exports from $19.4 million in January 2008 to $31 million in 2009.
Last year there were $540 million in agricultural exports to the US and total bilateral trade in agricultural products is now adding up to almost $800 million.
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