Nicaragua Signs Agreement to Foster Rice Production in Country' North

Producers, Banco Produzcamos, Taiwan Technical Mission and authorities signed an agreement to develop a rice project.

Friday, October 15, 2010

The project involves the Taiwan Technical Mission, the Rural Development Institute, the Bank Produzcamos eight rice-growing cooperatives and 50 individual producers.

Elnuevodiario.com.ni reports, "The agreement to assist the cooperatives, in addition to funding, technical support manager, field technician and sales, is to make a sound management of the credit."

More on this topic

Nicaragua: Optimism in the Rice Sector

March 2017

The union estimates that agricultural production cycle 2016-17 will be 5.5 million hundredweight, exceeding the 4.1 million hundredweight produced in the previous harvest.

The Union of Agricultural Producers of Nicaragua (UPANIC) based its forecast on the 68,000 acres of land to be cultivated during the different sub-cycles of production in the 2016/17 cycle.

Rice: Global Perspectives up to October 2014

October 2014

The US Department of Agriculture projects that global production from the 2014/15 harvest will be 475.5 million tons, 1.1 million tons less than the 2013/14 production.

Excerpted from Reportearroz.com:

International Panorama

The USDA has released the information on expectations for the global rice sector for the upcoming 2014-15 campaign.

Request for Rice Commercialization Agreement Not to be Modified

October 2012

Salvadoran rice producers have asked the Presidency not to change the Convention after the Superintendency of Competition (SC) requested changes.

The study presented by the Superintendency of Competition (SC) revealed that 80% of purchases of local production and imports of unprocessed rice are concentrated in only two operators.

Salvadoran Rice Growers See No Signs of Recovery

August 2010

80% of rice companies are experiencing problems obtaining credit.

2008's global food crisis and the financial crisis that followed in 2009 have led to big losses in El Salvador's agricultural sector.

"Rice growers' bad luck continues and signs of recovery seem ever further away, especially with the government deciding to import 7,000 tons of rice this year through the UN World Food Program (WFP)," reports Elsalvador.com.

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