Nicaragua: Sugar Annual
Link to report:
FAS/Managua projects Nicaraguan sugar production and exports recovering in marketing year 2023/24, despite deteriorating political and economic conditions in Nicaragua, with the anticipated arrival of an El Niño weather system and drier weather in the latter half of 2023. Record-setting precipitation in 2022 helped drive agronomic and processing yields lower, with marketing year 2022/23 sugar exports the lowest since marketing year 2018/19, on lower sugar production and exportable volumes.
