Between 2013 and 2014 coffee yields decreased from 11.9 hundredweight produced per acre to 11.8, rice fell from 89.7 to 71.4 hundredweight, and beans fell from 12.8 to 11.8.
Reports from the Central Bank of Nicaragua show that also yields of sesame also decreased, going from 11.5 hundredweight per acre in 2013 to 8 hundredweight per hectare in 2014. With regard to coffee, Nicaragua is one of the countries with the lowest yield per hectare planted "... surpassed by El Salvador, but below Honduras, Costa Rica and Guatemala."
To compensate for the reduction in local production, the government plans to allocate $8.8 million for the purchase of 39,000 hundredweight of beans and 230,000 hundredweight of corn.
In the period from January to August 2014, the government imported maize from the United States and Mexico, and in the case of beans, 60% was purchased from the US, 20.3% from Canada, 11.4% from China, 6.7% from Nicaragua and the rest 1.5% from Argentina.
An overproduction of corn, wheat and rice in China and a record crop which is expected this year in the United States will continue to push international prices down.
While drought in Central America ravages crops of basic grains such as corn, it is estimated that this year China will have a reserve of 150 million tons of grain, "... including three of the most important crops in China: rice, wheat and corn. The figure is double the 75 million tonnes produced last year and adds to the abundance of agricultural commodities which is undermining prices. "
Businessmen from the Salvadoran agricultural sector remarked that the measure could cause a 60% drop in production.
The warning came from the international organization CropLife, which is a member of the Agricultural Suppliers Association (APA) of El Salvador. "The FAO has said that without the use of pesticides, you run the risk of losing between 40% and 60% of the harvest, and this not only true in El Salvador, but around the world," said Martin Zuniga, CropLife regional director for Central America and the Caribbean.
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.
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