Good Cocoa Harvest Expected on Ivory Coast

Posted by Michelle Howard
Monday, May 12, 2014

Cocoa farmers said on Monday weeks of abundant rain in most of Ivory Coast's principal growing regions will likely ensure good bean quality and robust harvesting into July as long as there is no flooding or outbreaks of disease.

The marketing season for the April-to-September mid-crop officially opened on April 1 and harvesting is picking up rapidly.

Analysts now predict a better than expected crop in West Africa after forecasts of a supply deficit boosted prices 20 percent last year, and cocoa futures were lower on Monday on the region's improved mid-crop prospects.

July cocoa on ICE fell $11 or 0.4 percent to $2,853 a tonne after earlier equalling a three-month low of $2,849 set on Thursday. July cocoa on Liffe fell 12 pounds or 0.7 percent to 1,779 pounds a tonne.

In the western region of Soubre, in the heart of Ivory Coast's cocoa belt, an analyst reported 119 millimetres of rain last week up from 62 mm the week before.

"The cocoa is still coming out in big volumes and we expect large beans over a long period in this region," said Soubre farmer Salam Kone.

"It's raining abundantly and the showers are closer together. At this pace we're worried there will be flooding and some trees will be under water," he added.

In the western region of Duekoue, farmers reported five heavy showers during the week.

"There is a lot of moisture on the plantations. We are afraid that it may attract insects which could attack and destroy the pods," said farmer and cooperative manager Amara Kone.

"We need a lot more sunshine in the coming weeks because there are plenty of cherelles (small pods) and medium-size pods to ensure a long harvest," he said.

In the centre-western region of Daloa, responsible for a quarter of Ivory Coast's national output, farmers said they expected harvesting to peak in June before tailing off in July.

"We are feeling the mid-crop here now. There is a lot of good quality cocoa leaving the bush," said Daloa farmer Attoungbre Kouame.

Good weather conditions were also reported in the southern regions of Agboville, Aboisso and Divo and in the western region of Gagnoa and Meagui.

In the coastal region of San Pedro, farmers reported two abundant showers.

"There are small, still fragile pods on the trees. We need good rains and sunshine until the end of this month to ensure a strong harvest in June and July," said Tchorna Silue, who farms near San Pedro.

(By Loucoumane Coulibaly, Editing by Joe Bavier, editing by David Evans)


Environmental

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

News

Coast Guard Foundation Awarded 128 Scholarships

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

Keppel to Deliver First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading

NASA May Send Submarine to Titan

NASA has unveiled plans to send a submarine into the depths of the largest ocean of Saturn's biggest moon, Titan in a bid to explore the depths of its largest ocean.

Vessels

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Damen Trading Sale hits 500th Vessel

30 years and 500 vessels later, Damen Trading is just getting started. Damen Trading’s story begins in 1986, with Damen Shipyards Group responding to growing market demand for used vessels.

Matson Orders Two ConRo Ships from NASSCO

Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.0841 sec (12 req/sec)