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"]
Over the last few weeks the exporters trade union has canceled several shipments abroad, due to the risk involved in moving the cargo through blocked roads.
The Association of Coffee Exporters of Nicaragua (Excan), warned that "...At the moment these cancellations can be renegotiated with buyers to avoid serious consequences, but the longer this crisis extends, the effects for exporters and the country could be irreversible."
As it has not yet been possible to send the samples abroad due to the crisis felt across the country, the association of special coffees has decided to postpone the online auction until June 19.
The initial date of the electronic auction of coffee samples in the Cup of Excellence competition was scheduled to be June 5, but since samples could not be sent to international buyers, a decision was taken to postpone it by a few days.
$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.
Of the 35 Nicaraguan coffee producers that obtained more than 86 points this year, five scored 90 or more, entering the category of "Presidential Cafés".
According to the organizers, the results were positive, as in previous editions of the event only two or three managed to enter the presidential coffee category.
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"]
In Nicaragua, a distribution company has announced that it will start selling the Colombian coffee brand Juan Valdez.
"...The company Distribuidora César Guerrero S.A. (Dicegsa) informed El Nuevo Diario that from this month it will start distributing Juan Valdez coffee, a Colombian brand that has positioned itself well in several international markets."
Government and representatives of the sector have announced the creation of a work commission that will focus on defining new strategies to boost the coffee activity in the country.
Representatives from the Central Bank of Nicaragua (BCN) and coffee producers held a session in which they agreed to work together on various issues that impact on the activity of the sector, among which, are the effects caused by pests.
A group of entrepreneurs from the Asian nation will be visiting Nicaragua to buy coffee and cocoa, and also explore new opportunities with local companies in the meat industry.
The delegation consists of 14 businesspeople interested in buying mainly coffee and cocoa.According to the Taiwanese ambassador in Nicaragua, Jaime Wu, most of them will be visiting the country for the first time.
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":
Of the $173 million that both countries sold in 2017, $130 million corresponded to goods imported from Germany, including medical and pharmaceutical products.
Figures from the Investor's Guide 2017-18, presented by the Nicaraguan - German Chamber of Commerce and Industry, detail that in addition to medical and pharmaceutical products, among the products that are also imported from the European country are lamp holders, electrical outlets, coated fabrics, fiber optic connectors, herbicides and electrical conductors.
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