German Chocolate Maker to buy Nicaraguan Cocoa

©image: Jennifer Williams

The bases of the agreement that Dr. Gerardo Escudero, representative of the Inter-American Institute for Agricultural Cooperation, IICA, is working on also include the purchase of 100% of the production, support for quality improvement processes and the costs of certification.

Elnuevodiario reported statements by the IICA representative: "According to our discussions, we are talking about between 27 and 30 tons that will be bought by this company as certified cocoa at a very good price. The cooperatives succeeded in negotiating a very favorable purchase price. Having a buyer for the production is important, and having a difference of $700 in price compared to conventional cocoa is an achievement."

Source: elnuevodiario.com.ni

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