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In 2017, the retail industry continued its planned expansion with major retailers increasing their presence in the small store segment, targeting customers who shop in convenience....
Transgenic seed varieties have been grown in Costa Rica since 1992 with all seeds being exported to other countries.
After rebounding in 2015/2016 to 8.2 million boxes (40.824 kg.), Costa Rica’s 2016/2017 citrus crop was lower than previously expected reaching 7.9 million boxes.
Costa Rica has a well-developed, competitive hotel/restaurant/institutional (HRI) sector.
West Africa’s (Burkina Faso, Chad, Mali, and Senegal) Marketing Year (MY) 2017/18 cotton production is forecast down to 2.8 million 480 lb. bales primarily due to drought and high pest pressures....
Tourism, agriculture, high technology and services are driving Costa Rica’s economy.
Tropical Storm Nate passed through Costa Rica in early October causing widespread damage to infrastructure and to agriculture.
For MY 2017/18, total area and production levels for West Africa are estimated to increase 2.75 percent to 2.95 million 480 lb. bales assuming good weather and strong farm gate prices.
Based on preliminary data, Costa Rica’s 2016/2017 coffee crop reached 1,347,000 60 kilogram bags.
Costa Rica’s sugar cane production is forecast to increase 1.47 percent in 2016/2017 reaching 449,000 MT - slightly higher than the 446,000 MT produced in 2015/2016.
According to U.S. Customs data, U.S. exports of beef and beef products to Costa Rica reached a record $15.1 million in 2016 – significantly higher than the $1.7 million exported in 2009....
The local bean crop is expected to decline 38 percent this year as a result of negative weather patterns. Costa Rica normally imports about 70 percent of its total bean consumption....