{"id":8524,"date":"2013-09-10T14:37:54","date_gmt":"2013-09-10T19:37:54","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=8524"},"modified":"2013-09-13T15:15:15","modified_gmt":"2013-09-13T20:15:15","slug":"agro-sector-needs-business-acumen","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/agro-sector-needs-business-acumen\/","title":{"rendered":"Agro Sector Needs Business Acumen"},"content":{"rendered":"<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2013\/09\/green-house-lettuce.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8525\" title=\"green house lettuce\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2013\/09\/green-house-lettuce.jpg\" alt=\"\" width=\"448\" height=\"328\" srcset=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2013\/09\/green-house-lettuce.jpg 448w, https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2013\/09\/green-house-lettuce-300x219.jpg 300w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/p>\n<p>Panama has come a long way in boosting the yield per acre in various Ag industries yet it is still far behind and needs a great deal of improvement.\u00a0 That too will change.<\/p>\n<p>It is not the poor who are taking advantage of Central America&#8217;s  vast agricultural potential but those who are able to access technology  and financing.<\/p>\n<p class=\"description\">The is one of the sectors with the greatest  demand and growth opportunities, but funding and intervention is needed  in order to gain a greater advantage.<\/p>\n<p>Lucydalia Baca Castellon conducted and interview for Laprensa.com.ni with <span class=\"hlink\">Ernesto Gallo<\/span>, professor at the <span class=\"hlink\">Escuela Zamorano de Honduras<\/span>, who says that agriculture is not an activity for poor people, but one of the most difficult and demanding businesses there is.<\/p>\n<p>Gallo believes it is &#8220;&#8230; absurd to accuse poor producers of not using  more technology to enhance their productivity, when it is obvious that  they lack the resources to access these technologies, and that banks,  for reasons which they consider reasonable, are not able to grant the  funds they need to help them obtain it. &#8221;<\/p>\n<p>With regard to areas where there are the most opportunities for the agro sector in <span class=\"hlink\">Central America<\/span>,  Gallo says, &#8220;it is in what I call the 12 F&#8217;s: Food, fuel, forestry,  flowers, furfural, F &amp; F, fun, fools, pharmacy, fish, fiber and  feed. There are some products that are not necessarily foodstuffs. These  are fibers, decorative flowers, pharmaceuticals, agroturism, fish, and  forestry &#8220;.<\/p>\n<p>Gallo makes a case for bringing producers together and ensuring that  they &#8220;use the best technology, the best seeds, the best materials and  working capital to guarantee  the harvest and also that it is sold and  at a good price&#8221;. As long as producers are not prepared in this way  banks will not provide financing.<\/p>\n<p>&#8220;Business is tough and banks have a number of international constraints  when it comes to lending money. They can not give lightly,&#8221; he said.  Gallo says that entrepreneurs through partnerships with producers should  provide the technology needed to &#8220;produce more and produce cheaper&#8221;.<\/p>\n<p>&#8220;&#8230; producers should get together, because in a group they can negotiate better and sell more.&#8221; <span class=\"hlink\">Companies<\/span> should put into action corporate social responsibility programs. &#8220;For  example, a large mill should work with its suppliers. A large corn  processor should  work with farmers. &#8221;<\/p>\n<p class=\"link_source\">Source: laprensa.com.ni<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Panama has come a long way in boosting the yield per acre in various Ag industries yet it<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8524","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Agro Sector Needs Business Acumen  - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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