The farmers are busing taking the beans to the silos.
San Juan, Dominican Republic.- Kidney bean growers of San Juan de la Maguana Valley began to deliver their harvests as part of their RD$100 million financing program with the Treasury Ministry, with nearly 4,000 hectares planted to pay for Venezuela’s oil with goods and services.
As the crops began to arrive, Treasury vice minister Julio A. Fernandez said the payment to the growers is guaranteed since the funds are deposited in the State-owned Reservas bank.
Meanwhile Rafael Espinal, coordinator of the Petrocaribe Debt Interchange Program with Venezuela, said the project will benefit around 500 kidney bean growers of San Juan Valley.
He said the grain growers will get paid for their beans not more than 15 days after delivering their harvest.
Written by: jonbonz, 8 Feb 2010 3:38 PM
From: Dominican Republic, santo domingo
just to bring home my point in a previous thread. An agriculture export is always worth something to someone.
Written by: juanb, 8 Feb 2010 4:26 PM
From: Dominican Republic
From the "Let them eat cake/beans department:
The government has restarted construction of Santo Domingo’s wholesaler market, Merca Santo Domingo, by taking another commercial loan for US$45 million from the Deutsche Bank of Spain. The government now promises that the market will be open for business this September. Diario Libre reminds readers that the construction of the market initially begun in March 2003 when the Hipolito Mejia government announced it would open in April 2004, and took on financing for US$69 million with a European commercial bank.
Borrow. Borrow. Borrow.
Waste. Waste. Waste.
Repeat as often as possible.
From: United States, Faber College Double Secret Probation
in Yiddish this is called bubkas beans .....
Urban Dictionary: bubkas
21 Aug 2007 ... bubkas - 1 definition - squat, not much, not a whole lot, not what you deserve, a small quantity.
Written by: abc200, 8 Feb 2010 5:38 PM
From: United Kingdom
A good deal all round. Let the DR export more beans. Market may well pay for itself through reduced imports and reduced food wastage.
Markets can be an attractive tourist attraction.
Bean prices are good in many countries - in Colombia for example:
2 dollars a kilo.
http://www.lamayorista.com.co/mayorista2008/eng/index.php?id_pagina=1Set up more bean farms and export.....
S.
Written by: xwill7, 8 Feb 2010 6:34 PM
From: United States, Chicago
This will only put a band aid on the wound
Written by: Sajomero, 8 Feb 2010 6:48 PM
From: United States, NYC........Bajando roooomo
X this will also allow more people to stay in their towns and work as opposed to going to the big city and becoming a good for nothing. Ive seen many hard working people from our Sierra move to Santiago or even las Matas just to sit around bitching about how bad things are and having nothing to eat. If properly administer this program can help launch an abandoned niche market that is in big demand in other countries..
Written by: Belial, 8 Feb 2010 7:47 PM
From: United States, Texas
These are DR main crops -- sugarcane, coffee, cotton, cocoa, tobacco, rice, beans, potatoes, corn, bananas; cattle, pigs, dairy products, beef, eggs.
All these crops can be exported to Venezuela to pay off the Petrocaribe debt and sustain the circulation of money and commodities. DR gets oil and fiscal savings. DR farmers get market price for their crops. Venezuela gets agricultural exports from the DR.
A nice circularity. If the circularity can reach 3 or 4 cycles, the deal may last.
But with the IMF and World Bank (WB) trampling on DR sovereignty in economic policy, it hard for the DR to pursue oppportunities that are design to exclude imperialist parasites, like the IMF and WB, and chiefly benefit the affected peoples, the DRs and Venezuelans.
The imperialist parasites, largely exercising sovereignty over economic policy in the DR, will try to take all the benefits of the nice circularity.
But at least LF is trying to do something that the IMF and WB won't like.
From: United States, Faber College Double Secret Probation
speaking of parasites
From: Dominican Republic, Boca de Chavon
I have not bothered to read much of the posts from Belial and will continue this habit in the future !!
From: United States, Fresh Water Paradise-NY Finger Lakes
It is times like this when I really wish Dr. Dread would chime in, before things really degenerate.
How has this "beans for yipeta gas" affected price of this essential staple of Dominican diet? Has it been placed far beyond what Dominicans can afford? If we have excess capacity, I have no problem with this system; however, if people are going hungry as a consequence, then something is not right.
Perhaps we should re-think METRO and start advocating its use.....it could lessen our dependency on Chavez, which could only be a good thing. Perhaps once a week everyone should use it-including Dean Josean.
MJEV.
From: United States, Fresh Water Paradise-NY Finger Lakes
Ricardo,
Very keen observation.
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The government has restarted construction of Santo Domingo’s wholesaler market, Merca Santo Domingo, by taking another commercial loan for US$45 million from the Deutsche Bank of Spain. The government now promises that the market will be open for business this September. Diario Libre reminds readers that the construction of the market initially begun in March 2003 when the Hipolito Mejia government announced it would open in April 2004, and took on financing for US$69 million with a European commercial bank.
Borrow. Borrow. Borrow.
Waste. Waste. Waste.
Repeat as often as possible.
Urban Dictionary: bubkas
21 Aug 2007 ... bubkas - 1 definition - squat, not much, not a whole lot, not what you deserve, a small quantity.
Markets can be an attractive tourist attraction.
Bean prices are good in many countries - in Colombia for example:
2 dollars a kilo.
http://www.lamayorista.com.co/mayorista2008/eng/index.php?id_pagina=1
Set up more bean farms and export.....
S.
All these crops can be exported to Venezuela to pay off the Petrocaribe debt and sustain the circulation of money and commodities. DR gets oil and fiscal savings. DR farmers get market price for their crops. Venezuela gets agricultural exports from the DR.
A nice circularity. If the circularity can reach 3 or 4 cycles, the deal may last.
But with the IMF and World Bank (WB) trampling on DR sovereignty in economic policy, it hard for the DR to pursue oppportunities that are design to exclude imperialist parasites, like the IMF and WB, and chiefly benefit the affected peoples, the DRs and Venezuelans.
The imperialist parasites, largely exercising sovereignty over economic policy in the DR, will try to take all the benefits of the nice circularity.
But at least LF is trying to do something that the IMF and WB won't like.
It is times like this when I really wish Dr. Dread would chime in, before things really degenerate.
How has this "beans for yipeta gas" affected price of this essential staple of Dominican diet? Has it been placed far beyond what Dominicans can afford? If we have excess capacity, I have no problem with this system; however, if people are going hungry as a consequence, then something is not right.
Perhaps we should re-think METRO and start advocating its use.....it could lessen our dependency on Chavez, which could only be a good thing. Perhaps once a week everyone should use it-including Dean Josean.
MJEV.
Ricardo,
Very keen observation.