Re-Opens Red Bean Exports

An Expert's View about Agriculture and Animal Husbandry in Nicaragua

Posted on: 30 Nov 2011

The Government of Nicaragua (GON) has announced the re-opening of red bean exports. The GON unofficially suspended the exportation of red beans in late 2010, due to a perceived shortage in the national markets.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary Public - Date: GAIN Report Number: Nicaragua Post: Managua GON Finally Re-Opens Red Bean Exports Report Categories: Agriculture in the News Approved By: Prepared By: Jimmy Bola?os Report Highlights: The Government of Nicaragua (GON) has announced the re-opening of red bean exports. General Information: The Government of Nicaragua (GON) has announced the re-opening of red bean exports. The GON unofficially suspended the exportation of red beans in late 2010, due to a perceived shortage in the national markets. As a result of this suspension, Nicaragua was only able to export $13.4 million from January to August 2011. This has severely affected red bean producers who during the same period in 2010 exported $56.4 million. Note: The President of the Superior Council of the Private Sector (COSEP) expects Nicaraguan red bean exports to reach over 200,000 qq. (100 lb bags) during the next three months.
Posted: 30 November 2011

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