I try to keep up with the news as much as I can, and Yrma often points out things that may be of interest. We watch with particular attention to news that affect the Peruvian economy, and we tend to focus of course on agricultural imports, in particular coffee & chocolate. Here’s several translated articles that you may enjoy.
Peruvian Government AIds Farmers Affected by Coffee Rust
Here’s an article in Gestion that speaks about the help being provided through the Peruvian government to aid coffee farmers whose crop has been affected by coffee rust.
Via Gestion using Bing translator – authors’ corrections in parenthesis
Recovery of coffee affected by yellow (Coffee) rust will have additional support of 120 technicians
These professionals will accompany the coffee producers of Junín, Pasco, Ayacucho, Cusco, San Martin, Huanuco, Ucayali, Amazonas, Cajamarca, and Puno.
(Note that our Curibamba coffee come from the Junin province)
The agricultural Bank (Agrobanco) will hire 120 field technicians who will be joining the 117 that are already working to date, to reinforce the recovery work of coffee, in the framework of the National Plan of renewal of coffee trees, implemented by the Ministry of agriculture and irrigation (Minagri).
Agrobanco, through its offices located in coffee-growing areas, is supporting the call for proposals and selection process of agronomists, bachilleres and technical agricultural engineers with experience in coffee, to meet the demand for credits for renovation of coffee plantations.
(There is a growing need to revive & renovate coffee plantations with new plantings. Unfortunately, the price of coffee has fallen as of late, so there is a need for new micro-credit & support, not just from the government, but non profit and private sources as well.)
The Plan of renovation of coffee plantations has projected to serve 20,000 hectares this year, with an additional investment approximately S /. 153 million. ($49.6 million)
(Peru currently has 330,000 hectares ( 815,4478 acres) of coffee under production, so the 20,000 represents a small percentage and is probably inadequate for future years without further support.)
It should be remembered that with resources from the Agroperu Fund of the Minagri, Agrobanco has funded 16,811 producers who have renovated more than 20 thousand hectares with credits by S /. 191 million. ($61.8 million)
With (its’) own resources the Bank financed the renovation of 1,227 hectares with an investment of S/11.5 million ($3.72 million) (to) 1,110 coffee farmers.
First processing plant of Andean grains will industrialize 600 tons of quinoa per month
Via Gestion using Bing translator – authors’ corrections/comments in parenthesis
(The) Modern processor, which boasts its own chemical laboratory to analyze the humidity, impurities and the depletion of the product coming out, will benefit small producers of La Libertad, Cajamarca, Lambayeque, Piura and Ancash.
With a capacity to process 600 tons of organic quinoa a month, came into operation the first processing plant of Andean grains in the North of the country, Sierra Exportadora reported today.
This modern processing plant is located in the District of El Milagro, province of Trujillo (La Libertad), and is the only plant of quinoa in the North of the country for processing from organic quinoa of La Libertad, Cajamarca, Lambayeque, Piura and Ancash.
Within the framework of a public-private partnership with the processing company Andina in Peru (Proanpe), this project began in September of last year with technical assistance from Sierra Exportadora, and thus joined the national program of industry and innovation of Andean grains that promotes this institution.
In this regard, the head of the headquarters freedom of Sierra Exportadora, Zulma Jerí Campana, mentioned account with organic certification, the plant giving you a plus to secure entry to markets demanding quinoa, like the American and European.
He added that with this plant quinoa exporters and small producers (will) benefit since they can now process (their) product and sell it to the market at best prices, without relying on (the middleman buyers.)
Meanwhile, general manager of Proanpe, Jorge Calderón channels, said that the company invested in equipment for the scarifying of quinoa, through the process dry (without water) and a LED selector for the proper classification of the size and color of the grain.
“This machine ensures not only a better selection of product, but also the minimum of loss,” he said.
Some other bits:
High logistics costs affect Peruvian exports
It’s hard to get around. With much of the country accessible via difficult and often only two lane roads, any accident (and there are frequent accidents) can lead to big delays in transport. Throw in mudslides, floods, and even general strikes, and it’s impossible sometimes. The cost of basic truck transport in my opinion isn’t that high, it’s the pain & loss of time that frequently makes transporting anything in Peru more costly. Another night here or there on the road, and your 30 sacks of coffee are getting just a little more expensive.
Lima stock exchange ended with losses for a second consecutive day
Coca-Cola operations in Peru will be commanded from Chile
Coca Cola is consolidating in South America. They have had great success in Peru using the old “give ’em a cooler” marketing technique. Besides the the traditional Coke, they sell fruit juices and bottled water pretty much everywhere. They will be reducing from three regions to two, one run from Santiago, Chile, the other from Buenos Aires, Argentina.
The origin of Coca Cola began here in Peru. Today In the United States, the Stepan Company is the only manufacturing plant authorized by the Federal Government to import and process the coca plant, which it obtains mainly from Peru. (Source Wikipedia)
Sol/Dollar Exchange Climbs to S./ 3.094 to the Dollar
The Peruvian Sol fell to another 6 year low vs the dollar.
Have a good evening…
©2015 Ben Gangloff
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