Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Central America battles to save coffee from fungus  Join our daily free Newsletter

MENAFN - AFP - 18/01/2013

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093600443%26title%3dCentral-America-battles-to-save-coffee-from-fungus%26src%3dRSS Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093600443%26title%3dCentral-America-battles-to-save-coffee-from-fungus%26src%3dRSS Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - AFP) Central America is scrambling to contain a coffee-eating fungus that has invaded a third of the impoverished region's crops, threatening to cost the vital industry hundreds of millions of dollars.

Entire families depend on work from the coffee-growing industry in Central America, which employs more than 1.5 million people to produce one of the world's most renowned Arabica beans.

But in September, two months before the annual harvest, the fungus known as roya began to spread due to a lack of preventive measures and the effects of climate change, including high temperatures and drought, according to experts, government officials and industry sources.

"The situation is very serious," Jose Buitrago, president of Nicaragua's Coffee Exporters Association, told AFP. "It will get worse if measures are not taken."

The fungus, hemileia vastatrix, discolors and dries up coffee leaves, an effect that also gives roya the name of "leaf rust."

The parasite has latched on to 35 percent of the 958,000 hectares of sown crops, which will mean a loss of two million coffee bean bags of 46 kilograms (100 pounds) each, industry officials told AFP.

This would represent a loss of 300 million at the current price of 150 per bag, the sources said.

Central American nations exported 17.5 million bags of coffee during the 2011-2012 cycle, bringing 3.6 billion to the region, and growers had hoped to do even better this season. The harvest begins in November and ends in February.

"The entire coffee region is affected, some more than others," Marcelino Samayo, director general of El Salvador's coffee exporters' association.

Central America's coffee plantations are held by more than 300,000 producers, and the majority are small- and medium-sized growers with few means to control the outbreak.

Governments and producers will try to contain the invasion by pruning infected leaves, putting up effective shading systems and planting fungus-resistant seeds to replace dead coffee plants, said Nicaraguan Agriculture Minister Ariel Bucardo.

The Salvadoran Coffee Research Foundation recommended fertilizing the soil and cutting off all leaves covered in roya, which cannot survive in dead leaves.

The Regional International Organization for Plant Protection and Animal Health (OIRSA) will back the measures, but the region, which lacks resources, also plans to seek foreign loans.

Guatemala needs 843 million in investments to renew its coffee plantations while Nicaragua is looking at 200 million, according to preliminary industry figures.

While roya is plaguing the whole region, Honduras and Nicaragua stand to lose the most as coffee is their main export. It represents 1.4 billion, or 22 percent, of exports for Honduras and 519 million, or 18 percent, for Nicaragua.

In Honduras, considered Central America's coffee king, the fungus has devastated 10 percent of 280,000 hectares of crops, according to the head of the Honduran Coffee Institute, Victor Molina.

The fungus has hit 30 percent of Nicaragua's 128,000 hectares of coffee, prompting the government and the industry to seek funds to help 35,000 growers.

Guatemala's National Coffee Association warned that roya has reached 67 percent of its 274,000 hectares, threatening to leave 200,000 people without work.

El Salvador could be forced to destroy 30 percent of its 161,000 hectares of coffee, while Costa Rica declared a sanitary emergency after the parasite invaded 30 percent of its 93,000 hectares.

"Producers let their guard down. Costa Rica could lose more than 250,000 (coffee bags)," said Costa Rican Deputy Agriculture Minister Xinia Chaves.

Roya has also infected 30 percent of Panama's 22,000 hectares of coffee plants.


 






  MENA News Headlines
May 24 2013Gloom over French manufacturers lifts in May: survey ,AFP
(MENAFN - AFP) French manufacturers turned sharply brighter about their business prospects in May because activity was unexpectedly buoyant and orders were picking up, official survey data showed ...

May 24 2013Germany builds up new steam for growth ,AFP
(MENAFN - AFP) The German economy, the powerhouse in Europe, is picking up new steam and is set to gather speed later in the year after a weak start, data indicated on Friday. Consumers have the ...

May 24 2013India's Jet Airways shareholders approve Etihad deal ,AFP
(MENAFN - AFP) Shareholders of India's Jet Airways on Friday approved a deal in which Abu Dhabi-based airline Etihad will take a 24 percent stake in the private carrier, media reports said. Jet ...

May 24 2013Egypt's cash-strapped rulers woo former regime tycoons ,AFP
(MENAFN - AFP) Almost three years after an uprising fuelled by the old regime's venality, Egypt's cash-strapped Islamist government is making amends with businessmen who offer to pay their way back ...

May 24 2013German business confidence up unexpectedly in May: Ifo ,AFP
(MENAFN - AFP) German business confidence rose unexpectedly in May, data showed on Friday, as businesses in Europe's top economy express satisfaction with their situation and become more optimistic ...

May 24 2013Germany must spread cost of energy shift fairly: IEA ,AFP
(MENAFN - AFP) The International Energy Agency said Friday that Germany must shield its consumers from paying too much of the cost of its ambitious switch from nuclear power and fossil fuels toward ...

May 24 2013European stock markets recover slightly at open ,AFP
(MENAFN - AFP) European stock markets rebounded modestly at the start of trading on Friday following sharp losses suffered the previous day. London's benchmark FTSE 100 index rose 0.23 percent to ...

May 24 2013Bahrain expects economic growth by 5% in 2013 ,MENAFN
(MENAFN) Bahrain is expecting an economic growth of at least 5 percent during the current year, reported Arabian Business. This expectation was due to the rebound in oil production and the growth ...

May 24 2013UAE- Air Arabia arranges 2 weekly flights to Abha ,MENAFN
(MENAFN) Air Arabia started its flights to Abha in Saudi Arabia, this new service is the eighth city in Saudi that will be reached by the Sharjah based carrier, reported Gulf News. The Airline ...

May 24 2013India's Wockhardt shares dive on US import ban ,AFP
(MENAFN - AFP) Shares of Indian pharmaceuticals firm Wockhardt plunged nearly 19 percent Friday, a day after it said the US drugs regulator had banned imports from one of its manufacturing units ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help