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- (-) May 2023
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FAS/Managua projects Nicaraguan Arabica coffee production to remain mostly flat in marketing year 2023/24 at 2.46 million 60-kilogram bags, reflecting successive years of sub-optimal fertilizer application dating back to 2020 when fertilizer prices rose amid global supply chain disruptions and new taxes on agricultural inputs.
The Black Sea region is a significant supplier of agricultural commodities to the world. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine.