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Nicaragua coffee exports jump 84pc in December MANAGUA: Coffee exports from Nicaragua rose 84 percent in December compared with the same month during the previous cycle to total 47,746 60-kg bags, the national export center Cetrex said on Friday.Shipments during the first three months of the current 2014/2015 harvesting season totaled 178,210 bags, up 79 percent compared with the same three-month period during the previous 2013/2014 season.The coffee crop in Nicaragua is expected to rise 7 percent in the 2014/2015 season compared with the previous cycle to reach 1.61 million bags as a result of advances in the control of the tree-killing fungus roya, which has battered coffee farmers across the region over the past couple of seasons.The coffee season in Central America and Mexico, which together produce about a fifth of the world's arabica beans, runs from October through September.Copyright Reuters, 2015 ...

Coffee tumbles for second straight day, cocoa down on data NEW YORK/LONDON: Arabica coffee futures on ICE tumbled for the second straight day on Friday, as a forecast for much-needed rain in top grower Brazil spurred follow-through selling, while cocoa extended losses on weak processing data in Europe and North America. Raw sugar turned slightly lower after extending the prior session's surge to a five-week peak as technical buying dried up. The US softs markets will shut on Monday for the Martin Luther King, Jr. ...
CBOT wheat closes lower; KC HRW, MGEX spring wheat firm CHICAGO: Chicago Board of Trade soft red winter wheat futures closed lower for the eighth session in a row on Friday, falling into negative territory late in the session as traders closed out positions ahead of a holiday weekend.K.C. hard red winter wheat and MGEX spring wheat both closed higher.Ample global supplies and poor export demand for US wheat weighed on the market.For the week, front-month CBOT wheat fell 5.8 percent, its fourth straight weekly ...
CBOT soybeans close lower on late sell-off CHICAGO: Chicago Board of Trade soybean futures fell on Friday, pressured by a late round of selling amid fading export demand for US supplies, traders said.Overseas buyers were turning their attention to cheaper supplies from South American producers as the harvest in Argentina and Brazil kick into gear.Soymeal prices also closed lower while soyoil rose on spillover support from a rally in the crude oil market.For the week, CBOT March soybeans were down 5.8 percent, ...
Corn rallies 1 pct on bargain buying, export demand CHICAGO: US corn jumped 1 percent on Friday, rebounding from a nearly two-month low on support from short covering and increasing export demand and trimming declines from earlier this week.Wheat futures were also higher on bargain buying, on their way to a fourth straight weekly decline, while soybean futures were narrowly mixed in light volume after top importer China cancelled a large purchase of US soybeans.The gains in agriculture commodities were part of a broad ...
Argentina's 'Soy King' abdicates in favor of biotech BUENOS AIRES: The company that led the breakneck expansion of Argentine soy cultivation over the last two decades has quietly reduced the area it farms by more than half as inflation, trade restrictions and high taxes drain growers' profits. Los Grobo, once known as the South American country's "King of Soy" has abdicated that throne in favor of what company President Gustavo Grobocopatel deems the future: biotechnology. "Farming in Argentina is barely profitable, or unprofitable, ...
Corn rallies 1pc on bargain buying, export demand CHICAGO: US corn jumped 1 percent on Friday, rebounding from a nearly two-month low on support from short covering and increasing export demand and trimming declines from earlier this week.Wheat futures were also higher on bargain buying, on their way to a fourth straight weekly decline, while soybean futures were narrowly mixed in light volume after top importer China cancelled a large purchase of US soybeans.The gains in agriculture commodities were part of a broad ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln