Friday, October 9, 2020

FINANCING OPTIONS FOR MANGOES IN OAXACA


 

Mexico is the fifth place in the production of mango worldwide and first place of export with 360,000 tons to the international markets, the main destinations being the United States, Canada and Japan, among others being the state of Oaxaca the fifth Mango producer in the territory, where 87% of its production is concentrated in the Isthmus region, allocating approximately 55,000 tons for export in the agricultural cycle.

However, 97% of producers are small, have low productivity and lack sufficient technology to incorporate automated services for their production, which makes even more difficult for them to grow. Mexico only has one Designation of Origin for the Mango, which is the Ataúlfo Mango from the Soconusco region in Chiapas (which is also part of the South Pacific area), a state that Adjoins the Isthmus of Oaxaca and that by having a denomination of origin affects the competitiveness against Oaxaca, which does not have large producers, which due to unforeseen plantings have greater barriers to financing, however the Instituted Trusts in Relation to Agriculture (FIRA) is planning to align their strategy with the guidelines with the objective of helping the growth of this market in the aforementioned area, mainly seeking to implement the organization of producers and supplier development programs. I think it is very important to support the states of this region because it’s very rich in resources but the government don’t give them the proper attention to activate the development in such a good area.

Posted by: Sergio Enrique Leon de la Cruz.

https://www.eleconomista.com.mx/opinion/Opciones-de-financiamiento-para-el-mango-en-Oaxaca-20201005-0084.html

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