Nicaragua should produce 1.6 million bags of coffee during the 2012/13 season, which represents a decrease of 16% compared to the previous cycle, designed the sales director of the division of Nicaraguan Trading Mercon Coffee Corporation, John Gardina. He added that the harvest in the country in 2011/12 totalled 1.9 million bags of coffee, more than anticipated previously.
The Central American country usually falls to record up to 20% of production during the current weak as cycles, but the climate and investments in farming are contributing to increase productivity. As a result, the season should be normal or better than a weak cycle normal. Nicaragua seasons alternate between high and low production, as plant or recovering from experiencing a period of high yield. The current cycle began on October 1 and extends through September.
Despite the expected smaller crop, exports grew 510% to 360,191 bags during the first two months of the season, compared to the same period of 2011/12. According to John Gardina, this is due at least in part to sales to Venezuela last harvest that had yet to be shipped.
Unlike other Central American countries, Nicaragua has not suffered many attacks from roya fungus, which causes rust. "The situation is extremely controlled and do not think it will affect more than 5% of the crop", said the executive.
Source: Dow Jones