Between May 30 and July 31, 18 million rust-resistant coffee plants will be distributed to local producers, with which 12.000 acres of coffee plantation will be renewed.
The Ministry of Agriculture and Livestock reported that "... The requirements to receive coffee plants are: to be a coffee producer, to have a valid Salvadoran Coffee Council card, willingness to prepare the land, plant the plants and provide them with adequate maintenance. For more information, coffee growers can call 2397-2260 from the CENTA-Café Management or visit the 23 extension offices throughout the country."
Last year coffee sales in Central American countries totaled $3.035 million and grew by 27% compared to 2016, in contrast to the fall recorded between 2015 and 2016.
Figures from the information system on the Coffee Marketin Central America, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]
Local and foreign companies share a growing market, driven by greater consumer sophistication, where quality coffee is demanded, and by the trends imposed by international brands.
The presence of coffee shops has been growing in the country, especially in the capital and in urban areas.International brands such as Starbucks and Juan Valdez compete with Salvadoran brands such as Coffee Cup.
$14 million will be allocated to renovating 50 thousand hectares of coffee plantations, with varieties less vulnerable to climate change and more resistant to diseases such as rust.
The head of the Colombian Ministry of Finance reported that "...
The prices of the three groups of the Arabica variety fell in April, but the highest month-on-month reduction was recorded in the price of natural coffees in Brazil.
In April 2018, theICO composite indicator decreased by 0.4%to an average of 112.56 US cents/lb, with the daily price ranging between 110.49 US cents/lb and 114.73 US cents/lb.Prices for all three Arabica groups fell in April 2018, though the largest month-on-month decrease occurred for Brazilian Naturals, which fell by 0.9% to 118.76 US cents/lb.
Guatemalan coffee growers are warning that if the country does not adhere to the agreement signed between Central America and the Asian country, they will lose market share and will have to compete with their peers in the region under unequal conditions.
After a slight increase in the first month of 2018, in February international prices fell by 1%, due to the negative behavior of three groups of the Arabica variety.
From the monthly report by the International Coffee Organization:
After a slight rise in January following a three-month decline, the monthly average of the ICO composite indicator fell by 1.2% in February 2018 to 114.19 US cents/lb. The daily composite indicator was generally higher in the first half of the month, peaking at 116.07 US cents/lb on 14 February. The composite indicator reached a low of 112.16 US cents/lb on 21 February, but remained above 113 cents/lb after this date.
In the first nine months of 2017, countries in the region exported $2.795 million worth of coffee, 29% more than was sold during the same period in 2016.
Figures from the information system on the the Coffee market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
Factors such as geographical proximity and the sophistication of consumption are characteristics that position it as a market of interest for coffee farmers in the region.
From the executive summary of a study by Procomer of Costa Rica entitled "Roasted coffee market in the US":
The Salvadoran government has announced that CABEI has approved an $80 million loan to finance the coffee plantation renewal plan.
From a statement issued by the Ministry of Agriculture:
The Minister of Agriculture and Livestock, Orestes Ortez, reported that the Central American Bank for Economic Integration (BCIE) approved an $80 million loanrequested by the Salvadoran government, aimed at renovating the country 's coffee plantations and strengthening this productive sector.
After reaching its lowest level in 22 months in December 2017, the monthly average of the ICO composite indicator price increased by 1.4%.
From the monthly report by the International Coffee Organization:
Coffee market recovers slightly from December slump
After reaching its lowest level in 22 months in December 2017, the monthly average of the ICO composite indicator price increased by 1.4% to 115.60 US cents/lb in January 2018.
The Ministry of Agriculture foresees having the resources available in April, once the Legislature approves the disbursement by the BCIE.
A new government attempt to renovate coffee plantations gained momentum in December last year, after the Legislative Assembly approved areform to the Law to Create the Coffee Production Support Trust, to facilitate access to financing for coffee growers.
Producers, technicians and researchers linked to the coffee business at the international level will be meeting in San Salvador from June 6 to 8, to discuss topics such as genetics and climate change.
"...The second edition of the conclave will take place from June 6 to 8 and this year it is expected that more than 700 attendees will take part from twenty countries, said Carlos Borgonovo, president of the Salvadoran Association of Coffee Roasters and Exporters (Abecafe)."
Through a proposed law the Ministry of Agriculture aims to protect national production by increasing tariffs on grain imports.
According to figures from the Salvadoran Coffee Council, of every 4 hundredweight consumed in the country approximately 3 are imported.The proportion is reflected in data from the 2015-2016 cycle, a period in which about 270 thousand hundredweight was purchased abroad, which contrasts with the 100 thousand hundredweight of local product consumed.
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