At the end of August the volume exported in the 2015/16 harvest went up by 7% compared to the same period in the previous cycle, however there was a drop of 5% in value.
Statistics from the Center for Export Procedures (CETREX) report that since the beginning of the harvest in October 2015 to August 31 this year 2.4 million hundredweight of coffee has been sent abroad, a volume which is 2.2 million hundredweight more than the amount sold in the same period of the 2014-2015 cycle.
Because of incidences of rust, coffee production in the 2015-2016 harvest was only 3.9 million hundredweight, equivalent to $700 million in foreign exchange.
The presence of rust in more than half of coffee plantations, lack of funding to renovate plantations and low international grain prices resulted in a reduction in production and in export values, for the second consecutive cycle.
With trust funds planned for this year still not liberated, the union is negotiating with entities such as the CABEI and the IDB to obtain new sources of funding.
The National Coffee Association (Anacafe) estimated at $955 million the amount needed to renew 60% of coffee plantations, and although "it may seem very high," Alexander Keller, vice president of Anacafé, says that"... by carrying out this replanting with more resistant varieties we could double the export volume and foreign exchange earnings. "
The Producers Guild estimates that in 2016 the harvest will close with 14.5 million bags of 60 kilos, 1.5 million bags more than originally projected.
Weather conditions which are better than those foreseen at the beginning of the season explain the improvement in the forecast for production at the end of the harvest, which was initially estimated at 13 million bags, if the effects of El Niño occurred as predicted.
More than two years after the adoption of the law to transform coffee production in Nicaragua, producers claim that bureaucracy has prevented the much awaited renovations from materializing.
Alaw passed in December 2013 created the National Commission for Transformation and Development of Coffee Production (Conatradec), which was to be responsible for executing a plan for the renovation of plantations after the rust crisis in 2012, aiming to raise the sector's average performance"... from 11.1 to 20 hundredweight per acre."
5.5 million bags of 46 kg have been exported to date, registering a decrease of 3% compared to the 5.7 million bags sold in the same period of the 2014-2015 harvest.
From a report by the Honduran Coffee Institute:
Exports to date total 5.51 million bags of 46 kg, showing a decrease of 3.02% compared to the 5.68 million exported in the same period of 2014-2015.The value of exports is 690 million dollars showing a decrease of 23% compared to the 897 million recorded on this date in 2014-2015, which is due to the drop in prices during the current harvest.
In the electronic auction a pound of coffee harvested on the farm Monte Llano Bonito won first place and the amount of $ 59 paid by an international buyer.
On June 21, the Japanese importer Wataru acquired for the coffee roaster Takamura, the best coffee in Costa Rica grown and harvested on the farm SUMA VA in Lourdes Cirri in Naranjo, Valle Occidental, during the International Cup of Excellence Auction.The grainwas sold at $59 a pound or S5900 per hundredweight for a batch of 11 bags.
The WHO has confirmed the absence of links between coffee consumption and various types of cancer, removing the infusion from the list of "possibly carcinogenic" drinks.
"... A review of more than 500 medical and epidemiological studies conducted by 23 scientists at the International Agency for Research on Cancer (IARC) at the World Health Organization (WHO) found no link between this drink and tumors of the breast, pancreas, prostate and 20 other cancers. However, the question of whether there is a very low risk of liver cancer and endometrial cancer remains. "
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. "
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
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786