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 Weather Today Brings Dry Mornings and Stormy Pacific Afternoons

Expect a calmer morning, then afternoon storms in the Central Valley and Pacific, heaviest on the Central and South Pacific. Check Route 32 before you drive to the Caribbean.

Costa Rica Water Outage to Affect 13,000 in Heredia

More than 13,000 people in San Rafael de Heredia are expected to lose water service for six hours today, while crews clean two storage...

Court Vacancies Stall Second Immunity Request Against Rodrigo Chaves

Costa Rica's Supreme Court cannot send lawmakers a new request to lift Rodrigo Chaves's immunity because it lacks an alternate justice, Justice Jorge Araya told legislators.

Juan Manuel Cerúndolo Beats Nicolás Mejía to Set Up Carlos Alcaraz Clash in Shanghai

Argentina's Juan Manuel Cerúndolo advanced to the second round of the Shanghai Masters on Thursday with a 6-4, 6-4 victory over Colombia's Nicolás Mejía,...

Landslides Close Costa Rica’s Route 32 Between San José and Limón

Costa Rica’s main highway between San José and the Caribbean remained closed this morning after heavy rain triggered landslides at several points along...

Costa Rica Raids 80 Locations in Major Fuel Theft and Organized Crime Investigation

Costa Rica's OIJ carried out 80 raids Friday against an alleged network accused of stealing 654,000 liters of fuel and $1.5 million in cargo, with 22 detained.

Carlos Alcaraz Stunned in Shanghai as Zverev Clinches Year-End No. 1

Carlos Alcaraz’s comeback run hit an unexpected setback Monday, when Belgium’s Zizou Bergs knocked him out of the Shanghai Masters, ending the Spaniard’s chances...

El Salvador’s New National Stadium Hits 75% as 50,000 Seats Arrive From China

El Salvador's new National Stadium is three-quarters built, President Nayib Bukele announced Thursday, and when it opens next year its 50,000 seats will make...

More Than 400 Buildings Sit in the Path of Costa Rica’s Electric Train

Incofer's feasibility study found more than 400 homes, shops and buildings inside the rail right-of-way for the Tibi electric train. The state must also buy 145 private lots by 2028.
Loading…

Latest News from Costa Rica

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