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)

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Bulk Carrier Trends

MN 100: AEP River Operations

16150 Main Circle Drive, Suite #400 St. Louis, MO 63017 Tel: (636) 530-2100  Email: info@aepriverops.com Website: www.aepriverops.com President: Keith Darling The

US Steel Producers Win Anti-dumping Case

The United States has approved anti-dumping duties against South Korea and other producers of steel pipes for the energy sector, a victory for domestic producers

Odfjell 2Q Results In Line with Expectations

Chemical Tankers had an EBITDA of $24 million, compared with $17 million in the first quarter. Improved utilization with only minor interruptions of trade. Time-charter results were up by 10%.

Environmental

Japanese Technology Helps Farmers to Changes in Climate

The Japanese technology firms are using their experience in saving energy and in cloud technology to help farmers cope with changes in climate, cheaper imports and declining labor.

MARAD: Total Fuel Cycle Study for Natural Gas

The Maritime Administration (MARAD) released a study that evaluates total fuel cycle emissions for natural gas versus conventional marine fuels. Results showed

Caribbean Storm Likely to Strengthen, Veers Away from US

A low-pressure system moved over Puerto Rico on Friday and is expected to veer northeast away from the U.S. East Coast but still has an 80 percent chance of forming

News

Japanese Technology Helps Farmers to Changes in Climate

The Japanese technology firms are using their experience in saving energy and in cloud technology to help farmers cope with changes in climate, cheaper imports and declining labor.

Sinopec's Profit up at 32.5 billion yuan in 1H, 2014

Asia's largest refiner - China Petroleum & Chemical Corporation announced Friday night, according to international accounting standards, the first half net profit of 32.

Kuwait to Boost Oil Exports to China

Kuwait plans to increase the volume of crude oil exports to China to 500,000 barrels a day (bpd) in three years, an executive at the state-run Kuwait Petroleum Corporation (KPC) said Saturday.

Vessels

Polynesian Shipping Sold to Neptune Pacific Line

The Board of Polynesian Shipping Line Limited, Apia informed   that the business and the Company’s associated investments have been sold to Neptune Pacific Line Limited.

EBDG Completes Repower of COLUMBIA

Elliott Bay Design Group (EBDG), a leading naval architecture and marine engineering firm with offices in Seattle, New Orleans and Ketchikan, Alaska today announced

Scottish Sea Farms Orders Newbuilds

Macduff Shipyards Ltd. has received a contract worth more than £3.3 million pounds from Scottish Sea Farms for the design and build of four 19.8-meter 150T steel

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Ship Repair 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: 0.1013 sec (10 req/sec)