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 Bills Would Keep Kids Off Social Media Until 14 or 15

Costa Rican children younger than 15 could be barred from opening social media accounts under one of two bills now before the Legislative Assembly....

Costa Rica Farmer Olga Vargas Named Among FAO’s 100 Women Heroes

Olga Vargas, a farmer who grows guavas and raises tilapia in southern Costa Rica, has been named among 100 women recognized by the United...

Costa Rica’s President Says US Government Already Operates on Costa Rican Soil

President Laura Fernández said U.S. government agencies already carry out operations on Costa Rican territory, describing them as the continuation of existing security arrangements...

Three Paperwork Problems Led Costa Rica to Deny Beéle Concert Permit

Immigration says a contract filed for the Beéle concert listed a signer who was not in Costa Rica. Ticket refunds start automatically Monday.

Costa Rica President Tours CECOT Mega-Prison in El Salvador

Costa Rican President Laura Fernández toured El Salvador's Terrorism Confinement Center (CECOT) today, two days after opening a maximum-security prison in Alajuela modeled on...

Matthew McConaughey’s Tequila Brand Debuts in Costa Rica Through Luxury Hotel Partnership

Pantalones Organic Tequila, owned by Matthew and Camila McConaughey, makes its Costa Rica debut at Nekajui with four cocktails inspired by Texas, Brazil and Guanacaste cowboy culture.

Costa Rica Tourism Falls for a Second Month as US Arrivals Drop

Costa Rica tourist arrivals fell 2.4% in September, the second monthly drop, as US visitors slipped 3.3% and Liberia grew 11.8%.

Flash Floods Trap People in Heredia and Escazú as Storms Dump Up to 80 mm

Heavy afternoon storms flooded streets across Heredia and western San José on Sunday, trapping people behind fast-rising water and forcing rescues in at least...

US Surveillance Plane Helps Costa Rica Seize 1.5 Tons of Cocaine Off Osa

A US surveillance aircraft helped Costa Rican authorities track a speedboat carrying about 1.5 metric tons (roughly 3,300 pounds) of cocaine off the Osa...
Loading…

Latest News from Costa Rica

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