Nicaragua to Sell 50.000 Heifers to Mexico

Sukarne has invested $ 10 million in facilities in the country for cattle fattening and their subsequent export.

Monday, November 22, 2010

Solon Guerrero, president of the Federation of Livestock Producers of Nicaragua (Faganic), noted plans to export 20.000 animals in 2011 and 30.000 in 2012.

"The national herd is estimated at more than five million animals. Nicaragua has also begun to export beef to Russia," reported El Universal.

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Nicaragua: Incentives for Exporting Livestock

September 2015

As a measure to discourage smuggling, the taxable limit for withholding income tax on the export of live cattle has been reduced.

The Federation of Livestock Associations of Nicaragua (Faganic) welcomed the decision to reduce the limit for incurring income tax, believing that it will be an incentive to reduce smuggling of cattle and allowing more to be exported through the formal market.

Cattle Farmers Negotiate Prices with Venezuela

September 2012

In order to renew a trade agreement that expires at the end of September, Nicaraguan farmers are asking for a 20% increase in the price of meat exported to Venezuela.

The price of beef exported by Nicaragua to Venezuela under the current agreement is $4,300 a tonne, a figure that farmers want raised to $5,160, a 20% increase.

Non Tariff Barriers to Nicaragua Meat

July 2012

Nicaraguan farmers are complaining that, despite having made agreements, Guatemala is not allowing the entry of beef.

The president of the Federation of Ranchers of Nicaragua (Feganic), Solon Guerrero, said that Guatemala has implemented non-tariff barriers to the entry of beef.

Nicaraguan Livestock Projected to Grow by 8%

February 2012

Farmers are optimistic and estimate that in 2012, growth in the sector, which is Nicaragua’s main export, will be at least 8%.

The reasons for this optimism are the high international prices of meat and the decision by the United States and Argentina to dedicate land that was used for livestock to plant grain instead.

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