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Recent high-profile activism against biotechnology has created uncertainty among those involved in production and research of biotechnology products in Costa Rica.
Preliminary information indicates that Costa Rica’s coffee production is expected to decline 15 percent in 2013/14, leading to sharply lower exports.
Costa Rica’s sugar cane production forecast to increase by 12 percent in 2012/13 thanks in part to favorable weather conditions.
Costa Rica is a major importer of raw materials and ingredients for food processing in Central America, creating opportunities for U.S. products such as beef, pork, wheat, soybeans and vegetables.
With implementation of the CAFTA-DR agreement, U.S. agricultural exports to the region have surged and continued growth is expected.