Hyperinflation and farmers' payment crisis

Hyperinflation in 1989 prevented the state-owned companies ENCI and ECASA from paying farmers for their products, which triggered regional strikes promoted by the CCP throughout the country, including a three-week strike in Ucayali.

With the explosion of hyperinflation in 1989, the state-owned companies ENCI and ECASA were unable to pay for the peasants' products. This economic crisis led the Confederation of Peruvian Peasants (CCP) to promote regional peasant strikes throughout the country. In Ucayali, the peasants grouped in the Federation of Peasants of the Department of Ucayali (FECADU) and the Shipibo-Conibo natives held a strike for three weeks. To celebrate the agreement reached, the CCP organized a large march of peasants and natives in the city of Pucallpa on February 9, 1989.

Source: Informe CVR, página 346
Location: Perú