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, Brasil

November 12, 2025

Izabella Teixeira, former Minister of the Environment of Brazil and a globally renowned expert  on the relationship between economic development and climate, recognized as an IICA Goodwill Ambassador before ministers of Agriculture of the Americas

Tiempo de lectura: 3mins

Durante la ceremonia de suscripción del convenio, el Director General del IICA, Manuel Otero, recibió un reconocimiento en nombre de EMBRAPA, que entregó su presidenta, Silvia Massruhá, por su contribución y compromiso con la cooperación técnica y científica a favor de una agricultura sostenible e inclusiva en el continente.

Belém do Pará, Brazil

November 11, 2025

At COP30 in Belém do Pará, EMBRAPA and IICA strengthen their partnership to drive science and technology use in Latin American and Caribbean agriculture

At the Agrizone of the conference in Belém do Pará, the two institutions signed an agreement formalizing their cooperation, aimed at implementing the Radar Agtech initiative, which promotes innovation in the agricultural ecosystem, across the entire region.

Tiempo de lectura: 3mins

Belém do Pará, Brasil

November 11, 2025

IICA officially opens the Home of Sustainable Agriculture of the Americas in the COP30 AgriZone, with an appeal to hasten the transformation of agriculture in the Americas

The pavilion is housed in the AgriZone, where from now until 21 November, IICA and its partners in diverse sectors will host events, featuring the participation of specialists in family farming, innovation, digital technologies and the bioeconomy, among other very topical issues.

Tiempo de lectura: 3mins