San José, Costa Rica, Tuesday 09 February  2010


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Coffee Production to Rise in Nicaragua

MANAGUA - Nicaragua will increase its coffee production to 1,8 million tones in the current harvest, which represents a 22 percent hyke over last year production, reported the National Coffee Council (CONACAFE).

According to the report echoed by La Voz del Sandinismo Bulletin on Monday, so far 141 million pounds of coffee have been harvested from the 180 million planned for 2009-2010 period.

Nevertheless, production will be lower than the two million initially planned for the current period which would have represented a rise of 40,000 million pounds compared with 2008-2009 season that ended last October, CONACAFE indicates.

Hightened rain and humidity provoked by the climatic phenomenon known as El Niño stimulate rapid coffee ripening, and this in turn has reduced to two the regular three blossomings, the report explains.

It also points out that harvest reduction in Colombia has helped Nicaraguan coffee to have better prices in the international market, and this will offset income decrease caused by a drop in production.

According to CONACAFE, the price today of 100 pounds of coffee is 131 dollars in the international market.
 
   
 

 

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