Nicaragua: Cotton Production Stagnant

The government plan aimed to have a growth of 407% in planted area and double the crop yield.

Tuesday, October 16, 2012

However, the reality has ended up being well below expectations. The planted area reached only 650 hectares, a figure even lower than in the previous harvest, when 1.709 hectares were planted.

Of the 16 farmers who planted in 2011/12, only half did so this time. Many prefer not to talk about it, as they owe a million dollars to Alba-Caruna in loans.

"It was expected that producers who belong to the National Union of Farmers and Ranchers (UNAG) would be incorporated into the project, with the planting of 4,000 hectares.

Nevertheless, the problems caused by the location of their land and fear of pests caused them to withdraw", published laprensa.com.ni.

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UNAG, the National Union of Farmers and Breeders, reported that private banks are not granting loans, even though they have enough liquidity.

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