High Expectations for Nicaragua Cocoa

Of the 2.72 million hectares with potential for growing cacao only 16,000 hectares are devoted to the crop which is currently highly profitable.

Thursday, October 10, 2013

Laprensa.com.ni reports: " ... at the moment in various parts of the country there are projects , including one that will be run over the next three years by VECO Mesoamerica and Heifer International which will benefit some 1,500 small producers in three cooperatives: la Campesina de Matiguás (Matagalpa) Cacaonica de Waslala (North Atlantic Autonomous Region) and Fenacoop , New Guinea (South Atlantic Autonomous Region)" .

Approximately $700,000 will be invested to increase by up to 10% the number of hectares grown by farmers. Also planned are improvements to postharvest processes, which will increase the volume of production by 30% and increase exports by cooperatives, which are currently over 500 tons, said Jaume Martorell, from VECO Mesoamerica.

More on this topic

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The programs aim to increase the volume of the harvest of a product that is internationally distinguished for its high quality, competing with other producing countries based on quality and organic origin, taking advantage of the situation of growth in demand for chocolate, mostly in Europe.

More Competition in the Cocoa Market

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The fruit grown in the provinces of Colon, Cocle and Bocas del Toro is consumed in Costa Rica, Brazil and Europe .

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