A similar increase was recorded in exports of beef, which in value totaled $135 million, 39% more than the value of exports in the same period of 2016. Figures from the Center for Export Procedures (CETREX) indicate that the volume exported in the first quarter of this year was 30 million kilos, well above the 21 million kilos recorded in the same period last year.
In the case of sugar cane, an increased of 155% in the value of exports was reported in the first quarter compared to the same period in 2016. In volume, exports in the first quarter amounted to 205 million kilos, 100 million kilos more than in the same period in 2016.
April 13, 2017
By Frank Holmes
CEO and Chief Investment Officer
U.S. Global Investors
As if you need more proof that inflation is finally starting to pick up, lumber prices rose to a 12-year high this week, supported mainly by expectations that steep duties will soon be levied on cheap softwood imports from Canada. Lumber futures rose to nearly $415 per thousand board feet on Monday, a level unseen since March 2005, soon after homeownership peaked here in the U.S.
At issue is a mini-trade war between U.S. and Canadian loggers. For some time now, the American lumber industry has blamed its Canadian counterpart of unfairly dumping lumber in the U.S. that’s far below market value. Now, several factors are pushing timber prices higher. Chief among them are the likelihood of duties being raised at the Canadian border, possibly as early as next month; President Donald Trump’s calls to renegotiate NAFTA; and growing demand for new homes following the housing crisis as consumer optimism improves and millennial buyers finally seem eager to enter the market.
Hi Alex & Ken,
Just a brief note of TREMENDOUS appreciation for the outstanding day of plantation touring you and your staff provided for us – just last week!! The professionalism, humility, integrity, patience, welcoming spirit, expertise, hospitality were “5 star!” It was quite profound to see and “to meet” our trees/ our land after months of sharing trusting e-mails and phone communication. The conversation throughout our multi-hour plantation field trip was so enjoyable, very interesting and exceptionally informative!!! Dan and I felt like “royalty” when escorted throughout our journey by the respectful and gifted Precious Timber forestry engineers. Aroldo – you were so gracious and helpful!! Simply stated, we are ELATED to be clients of Precious Timber!!!
A ba-zillion thank you’s (and . . . wishing we were still in Nicaragua!!!),
Managua, Nicaragua; October 14, 2016
With an investment that amounts to US$13 million, the foreign company Extraceite S.A. opens today its first palm oil extraction plant in Nicaragua. This is the second investment of Palma San José Group in Nicaragua, which has invested over US$50 million in the country.
Located in El Rama, Nicaragua, 292 km east of the capital, Extraceite will supply both the local market as to other Central American countries, the United States and Mexico. The opening ceremony of the plant was chaired by the Minister-Delegate for Investment Gral. Alvaro Baltodano, and the company’s board members.
Extraceite has the latest environmentally – friendly technology. The Company has, for example, a treatment plant wastewater, as well as programs pointing to a philosophy of total conversion and zero waste.
SEPTEMBER 26, 2016
“Buy land, they’re not making it anymore.”
Mark Twain’s advice isn’t lost on the growing number of institutional investors scouring the earth for new opportunities. According to a new study by Preqin, these investors “seek to diversify their portfolios and position themselves to take advantage of growing demand for food arising from global population growth and increased consumption by the emerging middle classes in developing countries.
They’re investing in farmland, agricultural business and AgTech (agricultural technology) as a way to gain exposure to these demographic changes.
The Prequin report, released in mid-September, found that:
Managua, Nicaragua; December 17, 2015
Cargill Nicaragua inaugurated a new storage and food distribution center, which adds over US$140 million the company has invested in the country during the last 15 years. Additionally, the company announced that it will invest an additional US$100 million over the next three years.
The new investment will begin in a few weeks with the expansion of the company’s processing plant that also includes a production farm for laying of eggs and a plant for developing balanced food for shrimp. Cargill´s President for Central America, Xavier Vargas Montealegre, detailed that these are three of the main investments the company will perform in 2016 and that are part of the US$500 million the company plans to invest in the region over the next five years.