The Panamanian government has authorized Forever Oceans Panama, S.A. to invest $50 million in a fish farming project in Charco Azul Bay, Puerto Armuelles.
Aquatic Resources Authority (ARAP) administrator Flor Torrijos handed over the resolution authorizing the fish farming operation in an area of more than 58,000 hectares to company representatives, the Presidency reported.
For the 2018-2019 agricultural cycle, the cultivated area in the country was 925,101 hectares, 14% less than the 1.07 million reported for the 2017-2018 cycle.
Data from the National Agricultural Survey (ENA), prepared by the National Institute of Statistics (INE), show that in the last agricultural cycle about 149,000 hectares were not cultivated with corn.
FAO estimates that by the end of 2019 the production of grain in the region will be 29.8 million tons, below the average volume reported in the last five years.
The National Assembly of Panama approved funds to pay during the second half of the year, incentives to producers of rice, corn and milk grade C.
The Budget Commission of the National Assembly approved in favor of the Ministry of Agricultural Development (MIDA) $17,371,543, to pay incentives to producers, needs an official report.
During August and September, Costa Rica's monthly agricultural activity index reported a 0.16% and 0.82% year-on-year increase, respectively, reversing the downward trend recorded in previous months.
According to data from the Central Bank of Costa Rica (BCCR), between October 2018 and July 2019 the Monthly Index of Agricultural Activity (IMAGRO) registered negative year-on-year variations.
In the first nine months of 2019, cardamom exports grew 52% over the same period in 2018, a rise explained by global product shortages and high demand in the Middle East market.
Figures from the Bank of Guatemala state that between January and September 2018, and the same period in 2019, foreign sales of cardamom increased by $132 million, from $253 million to $385 million.
Since October 1, in Guatemala, the Technical Regulation of Biosafety of Living Modified Organisms has been in force, which will allow the importation, commercialization and sowing of modified seeds known as transgenic, for human and animal consumption.
Until now, Guatemala could only import food that was the product of crops with modified seeds. With the entry into force of the regulation, the entry of transgenic seeds for marketing and planting purposes will be authorized.
Because of the scarcity of rain in the region known as the Dry Corridor, producers in the country estimate that in the first cycle of the year has lost about 30% of corn crops and 35% of beans.
Directors of the Union of Agricultural Producers of Nicaragua (Upanic) explained that for the so-called "first production", Estelí lost 50% of the bean crop, and in Nueva Segovia fell between 40% and 50%.
During 2018, the area under coffee cultivation in the country totaled 86,765 hectares, 4% less than the total area reported in 2017.
According to the National Agricultural Survey (ENA), prepared by the National Institute of Statistics and Censuses (INEC), between 2017 and 2018 the area dedicated to coffee cultivation fell from 90,725 hectares to 86,764 hectares.
Last year, the main regional crop sold abroad was coffee, with $2.671 million, followed by banana, with $2.594 million, pineapple, with $1.097 million and sugar, with $722 million.
Data from the Trade Intelligence Unit at CentralamericaData:
The main coffee export destinations were the U.S., Germany, Belgium, Italy, Japan and Canada, which together represent 70% of the volume exported by the region, equivalent to approximately $2,050 million. [GRAFICA caption="Click to interact with the graphic"]
At the beginning of 2019 there were 44,500 hectares dedicated to fruit cultivation in Costa Rica, however, because of high production costs and a drop in international prices, by 2021 the cultivated area could fall to 38,000 hectares.
Directors of the National Chamber of Pineapple Producers and Exporters (Canapep) explained that the fall in the price of pineapple internationally is because of increased competition, since countries such as Colombia, Ecuador and Panama, have managed to gain market share in the U.S. and Europe.
In the Dominican Republic, avocado and bananas are the crops with the highest growth potential, because of the behavior of global demand.
The National Competitiveness Council of the Dominican Republic and the Inter-American Development Bank (IDB) presented the "Study and Diagnosis of Agricultural Chains" in which the analysis of ten value chains was carried out for agricultural products such as: avocado, cocoa, banana, coconut, mango, pineapple, greenhouse vegetables, oriental vegetables, chinola and cassava.
In the context of a drop in production, in Costa Rica the government decreed a rise from $36.18 to $37.65, the price of a 73.6 kg sack of rice in bulk placed in the industrial plant.
The agreement modifying the price to the rice producer was published on June 5 in La Gaceta, and the government's action is taken in a context of low local production, because between the 2016-217 and 2017-2018 harvests, the volume produced decreased by 21%.
During the period from May to June this year, rainfall in the region is forecast to be below normal, leading to increased crop pests and a shortage of animal feed.
The International Regional Organization for Agricultural Health (OIRSA) reported that because of the lack of rain is predicted a greater presence of pests in crops of corn, beans and sorghum, due to projected low rainfall from May to July 2019, compared to the historical average.
Guatemalan producers estimate that for the 2018-2019 harvest production will reach 752,575 metric tons of sugar, a volume that would be slightly higher than that recorded in the 2017-2018 cycle.
The Asociación de Azucareros de Guatemala (Asazgua) projects a slightly higher growth than the previous year because of climate factors, which will be confirmed when they have the final figures for closing production.
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