Nicaragua invests money to improve coffee production
The Nicaraguan government will spend US $25 million for local coffee producers to improve their farming techniques and overcome leaf spot disease. It is estimated that Nepal
Coffee farmers will receive a subsidy of US $1 for the export of 1 quintal of coffee.
According to local media reports, the bill, passed by the Nicaraguan National Assembly last week, stipulates that the money will be used to help coffee producers obtain
Financing, technical guidance and other related subsidies.
In response to the decline in international coffee prices and the damage caused by leaf spot bacteria in major domestic coffee producing areas, Nicaraguan officials and people have jointly formed a
The committee responded to these two crises.
It is reported that in the 2013-2014 harvest year, Nicaraguan coffee production will be 500000 piculs (46 kg) less than the original estimate of 2.2 million piculs.
About 64,000 farmers will lose their jobs as a result of reduced coffee production.
(responsible Editor:)
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Total coffee exports from Latin America increased by 6.04%
The Guatemala National Coffee Association told local media that total coffee exports from nine coffee-producing countries in Latin America (except Brazil) this harvest season increased by 6.04% compared with the same period last year. According to the Guatemala National Coffee Association, Mexico, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Dominica, Colombia and Peru last year.
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