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 Beats Haiti 2-0 as Bryan Ruiz Finishes Interim Run Unbeaten

Costa Rica beat Haiti 2-0 last night at Estadio Ricardo Saprissa, closing its Concacaf Nations League group stage with a second consecutive victory under...

Costa Rica Among Only Two Latin American Countries Where Most Say Nation Is on Right Track

Costa Rica is one of only two Latin American countries where a majority believes the nation is heading in the right direction, according to the 2026 Latinobarómetro.

Canadian arrivals in Costa Rica jump 24% as travelers skip the US

Canadian visits to Costa Rica are up 24% this year, and long stays are driving millions in new spending.

Study Counts More Than 557,000 Costa Rican Children in Poverty

A Conare study finds 557,193 minors in Costa Rica's social-aid registry are classified as poor, with Sarapiquí and the Southern Zone hit hardest.

Dollar Holds as Central Bank Warns US Rates Could Push It Higher

The dollar has eased from its early-October high, but Central Bank President Róger Madrigal warns a widening US rate gap could lift it again.

Costa Rica Faces Haiti at a Packed Saprissa With Bryan Ruiz’s Future Undecided

Costa Rica closes its Concacaf Nations League group stage tonight against Haiti, and a national team that went nearly a year without a win...

Route 32 to Costa Rica’s Caribbean closed after overnight landslide

Route 32 closed overnight at Zurquí after a landslide. Here's what it means if you're driving to the Caribbean today.

Costa Rica Investigates Damage to Thermal Wetland Near Cartago

Costa Rican environmental prosecutors are investigating alleged damage to a wetland near Cartago that contains natural hot springs, wildlife habitat and a network of...

Fruit, Roadside Traditions and the Seasons of Guanacaste

I’m not good with exact dates. Ask me when my boys were born or when I got married and you’ll see an uneasy look...
Loading…

Latest News from Costa Rica

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