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In Nicaragua, cereal production for 2023 is forecasted at an average level of 871,000 tonnes, with maize and paddy outputs expected to be strong, while sorghum production is anticipated to be below average. Cereal import requirements for the 2023/24 marketing year are projected to be high at 735,000 tonnes due to domestic demand. Additionally, prices for maize and beans have decreased year-on-year as of January 2024, while rice prices have risen due to strong demand despite a good harvest.

Author

tonocampoverde81

Language

EN