Salvadoran coffee exports could be reduced by $15 million compared to last year.
An article on Elsalvador.com reports that "...Low production in the 2015-2016 coffeeharvest will cause the industry to lose out on about $15 million in exports of the aromatic, according to recent statements made by the Minister of Agriculture and Livestock, Orestes Ortez, in a state television interview. However, this figure could fall short with reality and the situation could be much more serious if the production target for this crop is not reached, as representatives of the the productive sector have stated. "
The government is preparing a decree that aims to regulate production and discover how much product is acquired by basic grain traders and where they store it.
The decree, which will come into effect in the month of February, is focused on finding out numbers and details related to the production of maize, sorghum, beans and rice, and companies who market them, who will have to provide information about the entire marketing process, from purchasing the product, its existence, volumes, and information on major retail centers.
The unification of all entities involved in coffee trading could provide a way out of the financial crisis facing the sector.
In El Salvador internal division in the sector is evident. Currently there are 4 institutions dedicate to coffee: the Centa, Procafé, the Salvadoran Coffee Council and the Coffee Association. Union representatives say that there should be one institution in order to more effectively address financial and technical problems.
A plan has started which includes the distribution of six million coffee plants as part of a recovery strategy for the sector after the attack of rust last year.
The Ministry of Agriculture informed Laprensagrafica.com that "... These six million plants may represent some 2,000 or 3,000 hectares of re-stocking of coffee in the country ..." and they will start to distribute them from 2015.
The reform excludes from payment cargo carriers that already have private insurance coverage in place in Central America.
From a press release by the Legislative Assembly of El Salvador:
With 54 votes in plenary legislature, Section 20 of the Special Law for the Establishment of the Fund for the Care of Traffic Accident Victims (Fonat) was reformed to incorporate a clause that excludes payment of the special contribution by freight vehicles with foreign plates, for those who already have an insurance policy against accidents and / or damage to third parties, to ensure compensation both in terms of health as well as financially, with current coverage level in Central America, including El Salvador.
The company is conducting feasibility studies on the import and distribution of Liquefied Petroleum Gas in El Salvador and other Central American countries.
"It would be an important element if we managed to change the energy matrix of El Salvador," said José Luis Merino, Alba Petróleos advisor, who explained that the company (funded with capital from the municipality of El Salvador and the state of Venezuela) has had conversations with natural gas producing countries.
Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water and power. Great Location, close to everything. Ideal area for living or developing an ecologically...
Live at the beach in the exclusive Punta Leona Resort, a dream with shaded white sand beach, pools, restaurants, wild life. New affordable, energy efficient home. The house - possibly the only energy efficient green...
CECA mills and exports high quality green coffee from every region of Costa Rica, supplying specialty coffee industries of the United States, Canada, Europe and Japan.
Operates in Costa Rica
Phone: (506) 2202 4444 - (506) 2202 4400