No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeCosta RicaWhy Costa Rica farmers are going out of business?

Why Costa Rica farmers are going out of business?

The National Chamber of Agriculture and Agribusiness (CNAA) of Costa Rica reported monthly losses of $1,000,000 for the agricultural sector due to problems at the Caldera port on the Pacific coast.

The CNAA reported uncertainty surrounding the administration and operation of the Caldera port, as the fourth position of the dock, designated for bulk shipments, is being utilized to unload other product types, disrupting the flow of goods nationwide.

In addition, the restrictions established for navigation through the Panama Canal, due to low water levels resulting from the intense drought, have been causing prolonged delays and significant increases in maritime freight rates, which make the import of grains, raw materials, and inputs necessary for agricultural production in the country more expensive.

“As a chamber, head of the agricultural sector, we are extremely concerned about the situation. Our associates report major negative impacts, such as delays in the importation of products, increased costs, both in freight and goods. As a consequence, we have had to increase inventories, generating higher operating and investment expenses, in addition to facing economic fines due to delays in the delivery of goods,” the Chamber stated.

Ivannia Quesada, interim president of the CNAA, stated that the situation of Puerto Caldera is really worrisome since the dock has reached its maximum occupancy for months.

“It is a situation that directly affects the agricultural sector, hitting it economically at a time when the exchange rate, climatic phenomena, among other situations, have caused a great affectation in the productive sector of the country. Therefore, from the CNAA, we hope that the intervention announced by the government authorities is given as soon as possible in order to alleviate one of the major problems facing the sector at this time,” he said.

The vice-president of the CNAA, Óscar Arias, assured that the situation in the port of Caldera not only increases the costs of the companies but also puts at risk the fulfillment of contracts.

“The collapse of Caldera not only affects operational efficiency but also has direct consequences on the competitiveness of the domestic market and exports due to the increase in the price of goods,” he concluded.

Trending Now

Costa Rica Tax Revenue Keeps Falling as UNA Economists Urge Fiscal Reform

A public university research center has called a comprehensive fiscal reform "necessary and urgent," warning that Costa Rica's tax revenue has been sliding since...

Tropical Storm Weakens but Keeps Costa Rica Facing Rain and Dangerous Seas

Tropical Storm Cristina is moving away from Costa Rica, but its effects are still being felt across the country, with rain, rough seas, strong...

US Restricts Visas for Nicaraguan Officials After Brooklyn Rivera’s Death

The US State Department announced Monday that it will restrict visa access for over 100 Nicaraguan officials and their family members following the death...

Mirra Andreeva Wins French Open Women’s Title for First Grand Slam Crown

Mirra Andreeva’s rise from teenage contender to Grand Slam champion is complete. The 19-year-old won the French Open women’s title on Saturday, beating Polish...

Canatur Criticizes Ride-Sharing Apps Being Used to Promote Costa Rica

Costa Rica’s main tourism chamber is pushing back against the use of ride-sharing platforms in official tourism promotion, arguing that public and private campaigns...

Cuba’s Tourism Industry Is Collapsing in Real Time

Cuba’s tourism industry is facing one of its sharpest collapses in decades, with visitor numbers plunging, major hotel brands pulling back, airlines cutting service...

Panama Canal Water Project Faces Opposition March in Colón

Campesino communities from the Río Indio basin will march through Colón this morning in their latest protest against a reservoir the Panama Canal Authority...

Roland Garros Final Set as Zverev and Cobolli Chase First Slam Title

Alexander Zverev moved within one win of his first Grand Slam title on Friday, beating 20-year-old Czech Jakub Menšík 7-5, 6-2, 3-6, 6-3 in...

Pacific Tropical Depression Keeps Costa Rica on Rain Alert

A low-pressure system off Central America’s Pacific coast became Tropical Depression Three-E this morning as Costa Rica continued to deal with heavy rain, saturated...
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel