Nicaragua: Agricultural Costs Increase Due to Fuel

The increase in oil prices affects agriculture in both energy prices and in the cost of fuels required by this activity.

Wednesday, March 16, 2011

Francisco Vargas, from the Union of Agricultural Producers of Nicaragua, told about the impact of fuel prices in agriculture.

He explained that a block of land requires about 30 gallons of diesel a season to produce and that the cost increased from $ 3.85 late last year to nearly $ 4.52 in recent days. As a result, the cost of diesel associated with a block of agricultural production grew 17% from around $ 115 to $ 135.

If things continue as they are, he states, working the field with equipment and machinery will become unprofitable and in that sense government should give a differentiated treatment to fuel used in food production so it can be purchased at a lower price," concludes the article in

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