Nicaragua Will Plant 70,000 Ha of Beans

Domestic producers are seeking to reverse the shortage of grain present in the country and the region.

Wednesday, October 13, 2010

In the coming weeks, 70,000 hectares of beans will be planted, so that there is sufficient inventory starting December.

Laprensagrafica.com reports, "Nicaragua and other countries in the region face a severe shortage of red beans, as rains in the last month damaged crops and grain exporters prioritized their foreign sales.”

This has caused 60% increase in the price of red beans, which in national markets traded slightly above $ 1 per pound.



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Directors of the Union of Agricultural Producers of Nicaragua (Upanic) explained that for the so-called "first production", Estelí lost 50% of the bean crop, and in Nueva Segovia fell between 40% and 50%.

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Help For Costa Rican Bean Marketing

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The Ministry will develop strategies, will intercede regarding for prices with industrial buyers and require producers to register all of their production.

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Nicaragua Predicts Good Bean Harvest

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A production amount which, in the opinion of Agriculture and Forestry Minister, Ariel Bucardo Rocha, will affect the decline in bean prices.

"We are on the verge of harvesting the bean crop, we have planted over 100,000 acres of beans, especially red beans," said the representative.