In 2012/2013 1,751 hectares were planted but in 2014/2015 the figure was only 1,504, due to the incidence of drought, high production costs and falling international prices.
An article on Prensa.com reports that "... Diomedes Carrasco, producer in the area of La Chorrera, says a lot of farmers have stopped harvesting and exporting due to high production costs and low international prices"... The businessman states that "...The cost of producing one hectare of pineapple went from $28,056 in 2012 to $32,337 dollars in 2015 ".
The rise in coffee futures corresponds to expectations of lower production in Brazil and increased demand in the U.S., China and Europe.
From a report by Anacafé at the end of April 9th, 2014:
Coffee prices in "C" contracts closed at higher prices. The prices behaved in a volatile fashion. Liquidations in May contracts and transfers of positions to months further off, caused the initial decline.
The New York Stock Exchange reported the highest price of the aromatic in the last two years, up $13 per quintal compared to the previous day, reaching $193.
The rise in the international price of coffee is acting as a counterweight to the crisis in the sector in Central America. The severe drought that has attacked crops in Brazil is the cause of this increase.
A request by sugar mills to equate the prices of energy produced from bagasse with that generated by coal has been rejected.
Guatemala's sugar mills asked that within their cost methodology from May 1st 2014 to April 30th 2015 for biomass generation to be indexed to the price of Puerto Bolivar coal (Colombia). However, the National Energy Commission (CNEE) rejected the request.
Guatemala and El Salvador continue to offer better prices to Nicaraguan producers than those offered by local slaughterhouses.
Livestock farmers and industrialists have yet to reach an agreement on the purchase prices of cattle for slaughter, which has meant that producers prefer to export live cattle to other countries where better prices are offered, in particular, Guatemala and El Salvador.
CISA Exportadora is a green coffee exporting company based in Nicaragua owned by the Baltodano family who enjoys over 100 years of coffee tradition.
Operates in Nicaragua
Phone: (505) 2270 4414 - (505) 2270 4412
As part of the Agritrade Platform, Guatemala will participate for the 27th time in PMA Fresh Summit, the most important international trade show and convention of fruits and vegetables in the United States, which will take place at Anaheim Convention Center, California from October 17th to 19th.