Shortage Alert: Massive Yellow Corn Import Authorized to Avoid Crisis in Poultry Sector
Although Mific is explicit in admitting the lack of grain in the Nicaraguan market, it does not specify the causes that originated this shortage that could raise the price of chicken and eggs.
TL;DR
- Nicaragua is importing 183,000 metric tons of yellow corn tax-free.
- The import is a response to a current grain shortage in the country.
- The measure aims to prevent price increases in chicken and eggs.
- The import authorization is valid until December 31, 2026.
- Poultry and animal feed companies are eligible to request this benefit.
- The causes of the grain shortage are not specified by Mific.
- Corn can originate from any WTO member country.
- Imports will be distributed on a 'first-come, first-served' basis until the quota is exhausted.