Optimism Over Sugar Harvest in Nicaragua

The guild foresees closing the 2017/18 cycle with a production of more than 17 million hundredweight of sugar, which would represent a 10% increase compared to the previous cycle.

Monday, October 2, 2017

If expectations by employers in the sugar guild are met, production from the 2017/18 cycle would be the best achieved yet. Favorable climate conditions and the expected expansion of sowing areas, from 105 thousand to 109 thousand manzanas, are the reasons for the guild's expectations for the cycle that begins next month.

See "Sugar in Central America: Export Volume Down 21%"

The general manager of the National Committee of Sugar Producers (CNPA), Mario Amador, told Laprensa.com.ni that "... they are anticipating additional production of eight million tons of cane in light of favorable weather conditions for the plantations of the harvest that begins in November 2017 and ends in May 2018. If all these factors are present and the harvest continues as before (...) with sufficient water, sufficient sun, we will probably continue to have very good development of the plants and they will produce enough vegetative material to be able to have a good harvest."

"... With this increase in production the local sector will be able to benefit from the global increase in demand of the sweetener. Up until August, cane sugar ranked fourth in exports, with growth of 41.5 percent in volume and 87.6 percent in value, according to the Export Processing Center (Cetrex)."

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More on this topic

Nicaragua: Sugar Production Up 18%

July 2017

Total production from the 2016/17 harvest surpassed 15.6 million hundredweight, registering an increase of 18% compared to the previous harvest.

Figures from the National Committee of Sugar Producers show that the production of the San Antonio sugar mill was 7 million hundredweight, followed by Monte Rosa with 6.3 million, Benjamin Zeledon with 1.3 million and Montelimar with 1.2 million hundredweight of sugar.

Nicaragua Exports More Sugar

May 2017

In the first four months of the year the volume exported was 256 million kilos, 84% more than in the same period in 2016.

Growth in the cultivated area and productivity improvements explain the better performance of the sugar industry in Nicaragua. In the first quarter of the year, not only did the exported volume go up, but so did exported value, going from $50 million generated in the same period in 2016 to $118 million this year.

More Sugar Cane to be Planted

March 2012

Encouraged by the prospect of higher prices due to a reduced harvest in other regions, two Nicaraguan sugar producers want to increase their sugarcane growing areas by 5,000 hectares.

The Montelimar and Benjamin Zeledon mills want to buy up to 5,000 additional hectares of land to grow sugarcane in the 2012-2013 cycle, which would allow production to increase to 14 million quintals, according to estimates.

Nicaragua: Sugar Production Increases

September 2011

The sugar industry expects production for the 2011-2012 harvest to be about 13 million quintals, two million quintals more than the last harvest.

Expected production is estimated to produce about $200 million is revenue said Mario Amador, Director of the National Committee of Sugar Producers, CNPA.

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