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

IKEA Maps Out Its Costa Rica Rollout in Three Locations

IKEA has identified the first three sites it plans to operate in Costa Rica, giving the clearest picture yet of how the Swedish home...

Costa Rica Is Setting Tourism Records and Its Hotels and Restaurants Are Still Losing Ground

Costa Rica is taking in more tourists and more foreign currency than it ever has however, its hotels and restaurants are not doing well....

Climate Change Could Dull the Brilliant Blue of Costa Rica’s Morpho Butterflies

One of Costa Rica’s most recognizable butterflies could become a little less brilliant as temperatures rise. A new study found that unusually hot temperatures...

Two earthquakes shake Costa Rica’s Central Valley before dawn

If you were jolted awake around 1:40 a.m. this morning you felt one of the strongest quakes to hit the San José area this...

Is Costa Rica’s 98% Literacy Rate Really Accurate?

Costa Rica has long promoted itself as the most literate country in Central America, and by the numbers it is. Government statistics put the...

Heavy Rains Put Costa Rica’s Banana Farms Under Growing Pressure

Heavy rain, flooded fields and the spread of a damaging plant disease are putting growing pressure on Costa Rica’s banana farms, particularly in the...

Panama and El Salvador Declare Alerts as El Niño Intensifies

Panama and El Salvador declared states of alert on Tuesday over the El Niño climate phenomenon, which is expected to reach record levels and...

Costa Rica Psychedelic Retreat Industry Faces Fresh Scrutiny After Tourist Death

The 2024 death of an American tourist during a psychedelic retreat in Costa Rica has drawn fresh international attention after the New York Times...

Another Tropical Wave Arrives as Costa Rica School Closures Rise Again

When will it end? Costa Rica’s recovery from this month’s flooding suffered a setback today as the number of schools without in-person classes rose...
🌴 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