Financing for Coffee in NicaraguaTuesday, October 18, 2011 The bank Bancentro Lafisse has announced the availability of funds to finance the coffee sector, from production to marketing. The bank has more than $90 million to finance the productive sector, said Alejandro Ramirez, deputy general manager of Lafise Bancentro. Excellence Cup in NicaraguaTuesday, April 20, 2010 Between April 23 and 29, 20 international judges will meet in Nicaragua to choose the country's finest coffee at a contest called “Excellence Cup”. National judges are analyzing 60 coffee samples to select the best 30. These will participate in the contest, which will take place in the coffee growing area of Ocotal. Nicaragua: Excellence Cup Enters Final StretchTuesday, April 27, 2010 50 specialty coffees will compete to be awarded as the country’s best, at the final stage of the Excellence Cup contest. They were selected by a jury of national experts on April 23, from 119 samples. Korea Shopping for Nicaraguan CoffeeTuesday, January 19, 2010 A delegation of buyers is touring the Jinotega Region, in the country's north, looking to buy premium coffee. They will stay in the country until January 23rd, and are negotiating directly with coffee growers, through the 28 cooperatives that receive aid from AECID (Spanish Agency for International Cooperation in Development). Nicaragua: Coffee Exports Down 25%Tuesday, January 26, 2010 In the first three months of the current harvest, the country sold 215.442 quintals, 25% less than the same period of the previous one. The reason for this drop seems to be lower soil productivity, as reported by Cetrex, the center for exporting procedures, in a preliminary report. Nicaragua: Coffee Exports up 32%Monday, November 1, 2010 The 2009-2010 harvest increased 32.2% compared to last year. Between October 2009 and September 2010, total exports were $ 320.6 million, while in the 2008-2009 harvest exports totaled $ 242.6 million. Nicaragua: Coffee Auction Reaches Price of $35.65 per PoundThursday, June 10, 2010 At an online auction of Nicaraguan specialty coffees, the highest price was paid for a lot from plantation “Norlan Daniel Matute”. It was bought be Japanese company Maruyama Coffee for Mikataku Group. The variety had won the 2010 Excellence Cup with a score of 94.14. Cup of Excellence Coffee Contest Begins in NicaraguaThursday, March 10, 2011 On March 10th organizers started receiving samples to participate in the 2011 competition. Of the samples submitted, national judges will select 150 which will continue the process. Nicaragua's Coffee Exports Have Less ValueThursday, October 20, 2016 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. A coffee laboratory for NicaraguaTuesday, August 18, 2015 It has been announced that the terms of reference are being prepared for a tender to build a coffee analysis laboratory. Although a specific location has not yet been defined, Jose Angel Buitrago, president of the Coffee Exporters Association of Nicaragua (excan), told Laprensa.com.ni that it will most likely be built in Sébaco, Matagalpa. Costa Rica: Numbers in the Coffee HarvestFriday, October 31, 2014 About $80 million is the estimate for spending by coffee producers in 2014/15 crop season which is estimated at 2.08 million hundredweight. Around $78.8 million has been allocated for harvesting the crop, most of which will be used in the payment of wages to collectors, who in some cases are reported by producers to, "... be able to expect to earn up to $1,000 per month." Nicaragua: Coffee Exports Increase by 37%Tuesday, October 25, 2011 The country received $438 million in foreign sales for the 2010-2011 coffee harvest. The main destinations for Nicaraguan coffee were the United States, Germany and Venezuela, according to data from the Center for Exports (CETREX). Nicaragua Needs 100,000 Coffee PickersMonday, November 14, 2011 With only days to go until the peak of harvest activity, coffee producers in the region of Jinotega are already warning of problems they may face due to lack of manpower. Although the harvest started in mid October, the third week of November is when the full cut is begun. Nicaragua in Arrears with the International Coffee OrganizationFriday, September 16, 2011 The country’s main export product is left without a voice or vote in the international organization, and is at risk of being left out of development projects. The debt held by the country for payments as a member of the organization is close to $200 000, and jeopardizes participation in development projects promoted by the International Coffee Organization (OIC in Spanish). Coffee Auction Ready to Start in NicaraguaWednesday, July 1, 2009 The electronic auction is set to begin tomorrow for the 26 best lots of coffee at the Cup of Excellence 2009 event. The vice-president of the Nicaraguan Association of Special Coffees (ACEN, acronym in Spanish), Julio Peralta, said that the base price for this year is $2.50 per pound, or $250 for 100 pounds. |
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