Prices of Red beans in Central America

Costa Rica and Honduras are the countries with the highest rates as of July 27th, 2014 for red beans, costing $2,133 and $1,695 a metric ton, respectively.

Thursday, July 24, 2014

The shortage of beans has raised prices across the region and all countries have been forced to authorize emergency imports in order to supply markets.

After Costa Rica and Honduras, as reported by the Agricultural Council (CAC) "...Guatemala is in third place, with $1,615 a metric ton (MT) and then Nicaragua with $1,609.35. The lowest prices were quoted in late May in El Salvador, with U.S. $1413.04 MT.

The June data from the CAC showed a different behavior, because in this month Honduras was listed as the third country with the highest prices, which was still led by Costa Rica, and in second place Nicaragua." adds that "...In the latest bulletin from the week from 21 to 27 July, El Salvador was second after Costa Rica and before Guatemala, however, the prices of the other countries have not yet been included in the report. "

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