Honduras: Poultry Industry and CAFTA

President of Cargill Meats Central America speaks of the opportunities and challenges for the sector five years on from CAFTA's implementation.

Tuesday, April 12, 2011

The region's poultry sector has yet to meet the sanitary requirements imposed by the US and other modifications to farms and poultry processing plants, according to Bruce Burdett, president of Cargill Meats Central America in an interview with Eduardo López García for El Financiero.

Burdett commented that when the meat industry will be ready to export to the US varies by segment. Eggs will probably never be exported owing to the distance. Regarding poultry meet he said that, "we all still need to align our plants and farms with the regulations required by the US but we are now very close to obtaining the relevant permissions".

More on this topic

Arrival of Cargill Reactivates Costa Rican market

June 2011

The entry of the U.S. firm has brought new investment by competitors.

Since announcing the purchase of Pipasa by Cargill, the Costa Rican poultry market has not stopped moving.

Investment in new plants and rethinking strategies, among others, are some of the actions that companies are beginning to take to cope with expected changes in the market.

Nicaragua and DR-CAFTA

April 2011

Nicaragua is one of the countries which has benefited the most from the Free Trade Agreement.

Robert Callahan, U.S. Ambassador in Nicaragua, added that the Central American country currently has a positive trade balance of $1.078 with the U.S.

Additionally, exports to the North American country have increased 71% in the past five years, from $1.170 million in 2005 to $2.012 million in 2010.

FTA drives growth in Guatemala

September 2008

The free trade agreements with the United States have contributed to the economic growth of partner countries, said the American ambassador to Guatemala, Stephen McFarland.

McFarland explained that the export of Guatemalan products to the American market have increased 13%, from $963 million in 2006 to $1.1 billion in 2007.

Guatemala, 5 Years after CAFTA-RD

June 2010

Exports have grown a mild 3.4%, with agricultural goods leading the way; Guatemala’s trade balance with the U.S. remains negative.

It is possible that the U.S economic crisis prevented the treaty from producing better results for Central American nations, but it is also probable that it helped soften the negative economic effects of said crisis.

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