• Costa Rica Real Estate
  • Costa Rica Real Estate Auction

Jolt of aid approved for struggling coffee farmers

May 1, 2014

Six months after President Laura Chinchilla’s government proposed ₡20 billion — roughly $40 million — in aid to Costa Rica’s struggling coffee farmers, the Comptroller General’s Office approved the project, according to a statement last Friday.

On Monday, the Agriculture and Livestock Ministry requested the Finance Ministry transfer funds to the Banco de Costa Rica, which will distribute the aid.

Costa Rican coffee farmers have been hit hard in recent years by a one-two punch from the destructive leaf rust fungus roya, along with low international prices for Arabica coffee. The scourge has left many small farmers in debt and without income.

Some 48,000 small producers are set to receive the benefits in the form of low interest loans, social assistance and programs to help them replant their farms and cover their debts, among other projects, according to the Agriculture and Livestock Ministry.

In an attempt to curb the spread of the defoliant disease, the Costa Rican Coffee Institute (ICAFE) started distributing a new roya-resistant variety of coffee called Obatá from Brazil.

In December 2013, ICAFE estimated the 2013-2014 harvest would shrink 19 percent from the the previous year because of lingering crop damage from leaf rust and low international prices driving farmers out of the market.

In February, ICAFE reported the country exported 138,031 60-kilogram bags of coffee between October 2013 and January 2014, a 30 percent decrease from the 180,735 bags exported during the same period last year.

You may be interested

Slothy Sunday: Two sloths, two fingers, too cool
Sloth Sundays
9 views
Sloth Sundays
9 views

Slothy Sunday: Two sloths, two fingers, too cool

Denise Gillen / Toucan Rescue Ranch - November 17, 2019

If you don't believe that sloths are one of the most popular animals around these days, you haven't been paying…

Costa Rica welcomes Haiti with semifinal berth at stake
La Sele
25 views
La Sele
25 views

Costa Rica welcomes Haiti with semifinal berth at stake

Alejandro Zúñiga - November 17, 2019

The Costa Rica men's national soccer team will host Haiti on Sunday at Ricardo Saprissa Stadium in Tibás with a…

Remembering the Jesuits: Seeking justice in El Salvador
Archive
66 views
Archive
66 views

Remembering the Jesuits: Seeking justice in El Salvador

Norman Stockwell - November 16, 2019

Thirty years ago today, Salvadoran Army soldiers killed six Jesuits and two others in San Salvador. In memory of that…

Do NOT follow this link or you will be banned from the site!