Panama: Preparations for Livestock Exports to Peru

Panamanian farmers must submit an inventory of cattle to be exported before January 15, 2014.

Monday, December 16, 2013

The Zebu Breeders Association in Panama (Cricepa) and the National Cattlemen's Association (Anagan) are preparing for export of high quality genetic animals to the South American nation.

What is still pending is for the Peruvian bank Agrobanco to negotiate a line of credit for $100 million with the National Bank of Panama (BNP) in order to finance the purchase of livestock.

Hugo Wiener, president of Agrobanco visited Panama a few days ago to negotiate with the BNP over the future importation of cattle into that country.

Norberto Delgado, president of Cricepa told that members of this association hope to export 500 zebu animals with high genetic potential of the Brahman breed. The price of each of these is located at between $3 thousand and $10 thousand.

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