Costa Rica Will Reduce Tariffs On Beans

The Costa Rican Government is working in a special regulation to reduce in 30% the tariff to red imported bean.

Thursday, September 16, 2010

Central American Bean production has been affected by strong rains (Nicaragua, for example, is reporting 40% of its production lost). The tariff reduction will be in effect until next December, and will facilitate to import the product from outside Central America.

"The purpose is to avoid beans getting more expensive when the price has already gone up because of the shortage", reported Nacion.com.



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El Salvador: Beans Yet to Arrive from China

April 2011

The Ministry for Farming has still not managed to import the amount of beans necessary to cover the national supply shortage.

To date, the sending of the first 60,000 hundredweight has not been completed and no information has been made available as to the terms of the supply agreement.

El Salvador to Imported Beans Without Tariffs in 2011

January 2011

The National Assembly authorized the government to import 1.2 million quintals of beans in 2011.

The decision is intended to mitigate a possible rise in prices of basic grains and other products, considering production was lower than expected due to excessive rains in 2010.

Nicaragua Allows Imports of Another Bean Variety

September 2010

Faced with potential bean shortages, the government has permitted an additional bean variety to be imported.

Since 11 September the country has enabled the "criollo" red bean to be imported and it is now proceeding to allow another similar variety in order to help supply the population.

Costa Rican Bean Growers Announce Protests

April 2010

They announced they will stage public protests, after the national industry refused to buy their domestic production.

Industrial companies find it cheaper to import the product at $48.57 per quintal, than paying domestic growers $68 for each quintal.

Freddy Morera Mena, president of the Veracruz Growers’ Association, explained his region harvested twice as much as usual, and 9.000 bean quintals don’t have a buyer.

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