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


Coast Guard Foundation Raises $250,000 for Scholarships

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Newport News Shipbuilding Converts to Natural Gas

Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has converted its steam-generation plant from heavy fuel oil, also known as Bunker C,

US Must Exercise Freedom of Navigation in Asia-Pacific -Navy Commander

The commander of U.S. forces in the Pacific said on Friday the United States must carry out freedom of navigation patrols throughout the Asia Pacific, but declined


Retailers Well Stocked as Holidays Approach

Import cargo volume at the nation’s major retail container ports is expected to increase 3.3 percent this month over the same time last year as retailers make final

Commodities See Biggest Price Jump in 3 Years

Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output

Asia-N.Europe Box Rates Plunge 17 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.3 percent to $259 per 20-foot container (TEU) in the week ended on Friday,

Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.1291 sec (8 req/sec)