Nicaragua Sells Less Milk

Decline in the supply and the high costs of production are affecting sales revenues locally and abroad.

Monday, December 9, 2013

Data from the Central Bank of Nicaragua (BCN) reveals that prior to September the national collection of milk was 72 million gallons, that is 2.9 million less than reported in the same period in 2012.

In addition export earnings of the liquid decreased by 5.4% in the January-November period of 2012 to 2013, according to the Center for Export Procedures (CETREX). Up until November I milk sales totaled $64.01 million, compared to the $67.5 million reported in 2012.

According to Wilmer Fernandez, vice president of the Nicaraguan Chamber of the Dairy Sector (CANISLAC), despite the decrease in the collection, they aim to achieve an increase in the production volume of 5% compared to 2012.

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