Home / Knowledge / News / Textiles / Nicaragua to harvest first organic cotton crop

Nicaragua to harvest first organic cotton crop

11
Jan '12
The Ministry of Agriculture and Forestry (MAGFOR) recently announced that Nicaragua's first 24 million quintals of cotton are soon to be cropped, after approximately six months of sowing, marking a successful launch to the country's cotton reactivation project.

Ariel Bucardo, Minister of MAGFOR, has indicated that the 1,600 blocks harvested mainly in the northern regions of the country are in excellent condition, and should produce yields between 40 and 45 quintals per block, leading to approximately 64,000 quintals in total.

“Historically, this product has generated a lot of manpower, which is why we began the experiment moderately and expect that if the results are good, as we are currently witnessing, we will gradually increase cotton production”, Bucardo affirmed.

Moreover, Bucardo claims that the country's production of cotton is ample enough to supply an international demand and that considering the crop's promising market price, especially for organic cotton that is being harvested in Nicaragua, this will prove a lucrative business.

Companies in Honduras and El Salvador have already demonstrated interest in purchasing cotton from Nicaragua. Additionally, development is expected to attract new foreign investment projects to Nicaragua in the textile sector, as well as facilitate the re-opening of certain companies in Nicaragua such as Cone Denim.

The project, led by the Government of Nicaragua along with PRONicaragua, the official investment promotion agency of Nicaragua and the National Association of Textiles and Apparel (ANITEC, for its acronym in Spanish), was planned out in two phases. During the first phase, 14 private producers engaged in a pilot program to observe the performance of the crop, the resistance of the seed and determine the type of seeds fit for this project, among other factors. The project's second phase includes the increase of production area during a period from five to seven years, in order to begin supplying raw material to textile and apparel companies operating in the country, thus lowering the costs of garment production.

PRONicaragua is the Nicaraguan Investment Promotion Agency, established in 2002. It is a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The agency provides complimentary support services to qualified investors seeking investment opportunities in our country.

Nicaraguan Investment Promotion Agency - PRONicaragua


Must ReadView All

Pic: Ritu Manoj Jethani / Shutterstock.com

Apparel/Garments | On 31st Jul 2021

US firm Steve Madden moves production to Mexico & Brazil from China

As supply chain disruption remains a significant challenge, American...

Pic: GBG USA

Apparel/Garments | On 31st Jul 2021

Apparel & footwear firm GBG USA files for bankruptcy protection

GBG USA, an indirect wholly owned subsidiary of Global Brands Group...

Pic: Shutterstock

Apparel/Garments | On 31st Jul 2021

Asian garment industry market concentration, consolidation rise: ILO

Although Asia's garment market rose in size in value terms before the ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

The pandemic has reinstated need for organised retail spaces in Tier II...

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Gus Bartholomew,

Gus Bartholomew

<b>Gus Bartholomew</b>, co-founder of SupplyCompass, explains to <b>Subir...

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search