Honduras To Buy Beans From Outside Region

In order to ensure supply for the domestic market, the government has announced that it is negotiating grain imports from Colombia and Ethiopia.

Friday, May 30, 2014

Given the reduction in the harvest in the months of December 2013 and January 2014, the Government of Honduras has announced that it will resort to importing beans as part of a strategic plan to ensure supplies in the coming months.

"'The spring harvest is not when the greatest amount of beans are collected, so we are prepared and we are analysing all the possibilities that are available to manage various trade scenarios'" said Alden Rivera, head of the Ministry of Economic Development (SDE), yesterday after announcing the possibility of importing grain from Ethiopia and Colombia. He said that Colombia, a country from which the product has been bought previously, has overproduction; and in the case of Ethiopia, "we find the beans to be sufficiently available and at an excellent price."

"So far, the government has bought beans in Nicaragua and Guatemala, according to statements by Rivera, with grain importers starting to bring in the Nicaraguan product in March. The Rivera minister said yesterday that the warehouses of the Honduran Institute for the Agricultural Market (IHMA) and popular commercial centres have enough grain to meet demand for the next 60 days. "

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