Nicaragua Exports Yucca to Honduras
Dinant Corporation began buying yucca from rural producers in the Leon municipality.
Thursday, February 26, 2009
On their website, Nuevo Diario states: “The first container was sent last Monday with 360 quintals of peeled and refrigerated yucca to DINANT Corporation in Honduras, dedicated to making chips. The established contract with this corporation is a product of the support provided by Cuenta Reto del Milenio (CRM), Nicaragua, to the yucca producers in Leon, in the search and consolidation of better markets.”
The restriction on imports of the product imposed by Costa Rica means losses of more than $1 million for farmers.
In 2010 imports from China to countries in the region totaled more than $7.1 billion, while exports to the Asian country totaled $1.87 billion.
In the first half of the year both Guatemala's exports and imports showed growth.
In order to contain the rise in local prices of onions, Nicaragua's government has authorized the importation of up to 60 million quintals from Guatemala.
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