Nicaragua: Oilseeds and Products Annual
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Nicaragua peanut production fell 11 percent in marketing year (MY) 2019/2020 dropping to 158,000 metric tons (MT). The decrease was due to limited access to finance caused by Nicaragua’s social political crisis as well as a 15 percent increase in the cost of agricultural inputs. Post expects production to rebound slightly in MY 2020/2021 to an estimated 168,000 MT as producers return to planting historical areas.