Shortage of Beans in Honduras and Nicaragua

The 2013-2014 crops in both countries are not large enough to meet the demand of the respective populations.

Tuesday, May 6, 2014 reports that in Honduras " ... basic grain producers are warning that importing beans will be necessary, due to the low yield obtained in the 2013-2014 cycle in the country. Juan Valladares president of Prograno, said the shortage of beans in the country is not alarming, but imports of this grain will be needed and one of the markets where they would normally buy from is Nicaragua."

" ... The fact that in Nicaragua there is also problem with the availability of beans, which has driven up prices of red beans by twenty cordobas per pound, according to the farmers whose production has declined. The promise made by President Ortega to ensure a better market for the production of black beans meant that in the last harvest farmers turned to planting that variety at the expense of red beans, which are the most consumed type in Nicaraguan. Nicaragua's annual demand is 2.75 million quintals of red beans.

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Costa Rica Needs to Import Beans

July 2016

The country needs to buy 10,000 metric tons of the grain in order to meet domestic demand from July this year to June 30, 2017.

The National Production Council has recommended that the Ministries of Agriculture and Foreign Trade prepare a decree declaring a bean shortage in the country and authorize its importation.

Costa Rica: No Reduction of Bean Prices

July 2014

Industrialist point out that the declaration of shortage of grain by the government has failed to solve the problem in the local market, where the price of a kilo has increased by $1.

The National Association of Manufacturers of Beans in Costa Rica (Anifri) argues that the change in the verification of phytosanitary measures by the Ministry of Agriculture is the cause of the grain shortages and price increases in the country.

Costa Rica to Import 11,000 Tons of Beans

June 2014

Fourteen companies have been authorized by the government to acquire 11,264 tons of duty free beans from abroad.

Four of the fourteen companies will be allowed to buy up to 68.7% of the total, the equivalent of 7,739 tons. The declaration of a shortage by the government establishes that grain can be imported from anywhere in the world without paying entry tax of 30% for black beans and 20% for red beans.

Costa Rica: National vs. Imported Beans

May 2011

The low cost of imported beans is complicating matters for domestic producers who cannot match their prices.

The conditions under which red and black beans can be imported into the country are removing the incentive for the industry to buy grain from local producers.

Examples of this are the 67,611 quintales that were in the hands of northern producers for over a month, pending a decrease in supply which would allow them to sell at the desired price.