Venezuela’s food sovereignty has reached a nadir, to the
point where Caracas now has to pay Nicaragua’s coffee exporters an extra 24
percent on average prices to secure Venezuelans their coffee fix. According to
Nicaraguan export data center Centrex, the average price of a quintal (45.36
kg) of coffee is US$176.40, while Venezuela buys its coffee beans from the
Central American nation for $207.84 for every quintal received. Sales to
Venezuela made up 12 percent of all coffee exported by Nicaragua between
January 2014 and April 2015, according to Centrex data. More… 
Thursday, May 21, 2015
Venezuela Pays Through the Nose for Low-Grade Nicaraguan Coffee
Venezuela’s food sovereignty has reached a nadir, to the
point where Caracas now has to pay Nicaragua’s coffee exporters an extra 24
percent on average prices to secure Venezuelans their coffee fix. According to
Nicaraguan export data center Centrex, the average price of a quintal (45.36
kg) of coffee is US$176.40, while Venezuela buys its coffee beans from the
Central American nation for $207.84 for every quintal received. Sales to
Venezuela made up 12 percent of all coffee exported by Nicaragua between
January 2014 and April 2015, according to Centrex data. More… 
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