Inter-American Institute for Cooperation on Agriculture

Agriculture

IICA, NGMC rolls out its seventh “Cost of Production” Workshop in Linden

Tiempo de lectura: 3 mins.

The Inter-American Institute for Cooperation on Agriculture (IICA) Delegation in Guyana in Collaboration with the New Guyana Marketing Corporation (NGMC) continues to provide technical assistance in the form of training of to farmers and agro-processors.

The Inter-American Institute for Cooperation on Agriculture (IICA) Delegation in Guyana in Collaboration with the New Guyana Marketing Corporation (NGMC) continues to provide technical assistance in the form of training of to farmers and agro-processors.

                   Participants in Linden’s Cost of Production Workshop

The ongoing partnership in this instance targeted twenty-five farmers and agro-processors in a cost of production workshop held in the boardroom of the LEN Building in the mining town of Linden, Region 10.  The participants comprised of farmers producing seedlings for sale and crops such as sorrel, vegetables and fruits.  The agro-processors indicated that they were into the production of virgin coconut oil, soaps, cosmetics, hams and sausages, seasonings, pepper sauce and plantain chips. The presentation defined what Cost of Production is and the benefits of knowing costs of inputs for producing primary and value added products. 

Like the previous workshops in St. Ignatius, Supernaam, Parika, Crabwood Creek, Mara and Georgetown the training workshop facilitator by IICA placed participants to work in groups for selected items.  Participants were then guided, allowing them to list and cost all the activities that make up the chain of events that is needed for production.  The methodology used was simple and participants got a quick grasp of the calculations.

In evaluating the activity at Linden the agro-processors indicated their appreciation for the training and indicated that they are in a better position to calculate their profit margins and this will allow them to more competitive.  

The lone agro-processor producing plantain chips indicated after the workshop that when she compared the input to output benefits, it made more sense to her to only produce these chips when the price of the raw plantains was lower.  She said that the workshop “opened her eyes” and if she got an order for plantain chips now that the price per packet has to be more in order for her to “make something”.
 

Share

Related news​

Belém do Pará, Brazil

November 17, 2025

At COP 30, IICA and its partners are exploring ways to scale up regenerative agriculture and expand its production and environmental benefits

Farmers, private sector representatives and members of international organizations participated in the debate, all agreeing on the need to improve financing, as well as all stakeholders’ trust in regenerative agriculture.

Tiempo de lectura: 3mins

Belém do Pará, Brasil

November 17, 2025

ACTO, KfW and IICA launch new Program to strengthen integrated fire management in the Amazon

The Amazon Cooperation Treaty Organization (ACTO), the KfW Development Bank on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), and the Inter-American Institute for Cooperation on Agriculture (IICA) today signed the Financing and Implementation Agreement for the Regional Program for Integrated Fire Management in the Amazon Forest (IFM). The signing took place at the ACTO-CAF Pavilion during COP30 in Belém, Brazil.

Tiempo de lectura: 3mins

Belém do Pará, Brazil

November 14, 2025

The Group of Producing Countries of the Southern Cone (GPS) released a statement at COP30, maintaining that only agriculture can sequester carbon in an economical way

On an ongoing basis, the GPS network generates scientific knowledge, thereby making a significant contribution to efforts to demonstrate that agriculture can play an important role in resolving environmental challenges, through different production options, such as the recovery of degraded soils, forestation, silvopastoral production systems and no-till farming.

Tiempo de lectura: 3mins