Ivory Coast Aims to Boost Cotton Output

Posted by Eric Haun
Thursday, June 26, 2014

Ivory Coast is aiming to boost its seed cotton output to 600,000 tonnes in the next two years, the head of the country's industry regulator said on Thursday, marking the latest advance for a sector recovering from a decade of war and political crisis.

The country - the world biggest cocoa producer - was also one of West Africa's major cotton exporters, with an annual output of about 400,000 tonnes, before a 2002-2003 civil war split the country in two and halved production.

Output has been growing over the past five years thanks to government and donor efforts.

"We were able to reach 400,000 tonnes during the season that just finished," Malamine Sanogo, the managing director of the Cotton and Cashew Council, told Reuters. "That's the highest output since the beginning of the crisis and shows that the sector is rebounding."

Cotton planting in Ivory Coast generally starts in the second half of May with the first rains, and harvesting begins slowly in late October before picking up sharply in December.

Sanogo said the Council was forecasting production of 420,000 tonnes for the coming season.

"The interest in cotton from the farmers can bring us to achieve the government's wish, which is to produce 600,000 tonnes two years from now," he said.

The government has earmarked 7 billion CFA francs ($14.50 million) to subsidise inputs for farmers, Sanogo said, adding that he expected the government guaranteed farmer price to match if not exceed last year's level of 250 CFA francs per kg.

($1 = 482.6940 CFA francs)

(Reporting by Loucoumane Coulibaly; Editing by Joe Bavier and David Evans)

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

Methanol Powered Ferry Launched in Baltic Sea

Swedish ferry operator Stena Line has announced that it has converted the Stena Germanica to run on methanol, an industry first.   The company spent $24 million on converting the ship to methanol.

U.S. Oil Train Traffic mostly from Midwest to East Coast

U.S. oil trains delivered more than 13.5 million barrels of crude oil from the Midwest to the East Coast in January, according to government data that gives a first

MAN Demonstrates Two-Stroke Methanol Engine Concept

MAN Diesel & Turbo successfully demonstrated its ME-LGI concept engine in front of customers and partners at its Diesel Research Center in Copenhagen on March 17th, the company announced today.

News

WOW at USMMA

The United States Merchant Marine Academy Hosts 7th Annual Women on the Water Conference. Last week, The United States Merchant Marine Academy (USMMA) in conjunction with the U.

Methanol Powered Ferry Launched in Baltic Sea

Swedish ferry operator Stena Line has announced that it has converted the Stena Germanica to run on methanol, an industry first.   The company spent $24 million on converting the ship to methanol.

U.S. Oil Train Traffic mostly from Midwest to East Coast

U.S. oil trains delivered more than 13.5 million barrels of crude oil from the Midwest to the East Coast in January, according to government data that gives a first

Logistics

U.S. Oil Train Traffic mostly from Midwest to East Coast

U.S. oil trains delivered more than 13.5 million barrels of crude oil from the Midwest to the East Coast in January, according to government data that gives a first

Sea Star Continues Puerto Rico Investments

Sea Star Line, LLC has entered an agreement to on-hire another barge to add to its current service package for shipments from Jacksonville to Puerto Rico.   The

Rand Logistics Announces Debt Refinancing

Rand Logistics, Inc. announced today that it has closed a $170.0 million revolving loan facility which refinanced approximately $102.0 million of the company's

 
 
Maritime Careers / Shipboard Positions Naval Architecture Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1596 sec (6 req/sec)