Colombia is experiencing significant crop damage due to the ongoing La Niña phenomenon, which is expected to last until February 2023, according to the Institute of Hydrology, Meteorology and Environmental Studies (Ideam). The excessive rainfall has led to a 12% decrease in coffee production and a 10.6% drop in cocoa production. The rain also causes diseases to spread and prevents potato planting and transportation. In response, the Ministry of Agriculture and Rural Development has announced a aid package including loan cost reductions, extended credits, and interest cost reductions for producers affected by the La Niña phenomenon. Producers with overdue loans before November 30, 2020, can apply for forgiveness of current and late interest, payment agreements, or new cancellation terms.