Coffee prices rally to 12-month high

Posted on Wednesday 4th, December 2019. November 2019 marked the first time in the last 12 months when the International Coffee Organization (ICO) Composite Indicator consistently stayed over 100 US cents per pound.The monthly average of the indicator rose 10.1 per cent to 107.23 US cents per pound amid expectations…

Coffee: Export Tax Remains Solid

Thursday, October 17, 2019 The Ortega administration rejected the request of Nicaraguan coffee growers, who requested that the tax of one dollar per quintal exported be waived for the 2020-2021 harvest. The decision to start charging from next year was published by the Ministry of Development, Industry and Commerce (Mific)…

Nicaragua: Coffee Annual

May 31, 2019 The Nicaraguan coffee sector is in the middle of the worst crisis of the last decade. With coffee prices plummeting to $89 per 45 kilogram (kg) bag in May 2019 and farmers not having access to credit, coffee exporters predict that coffee production could fall at least…
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