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 September 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

Fortum Buys Stake in Wave Power Startup

Finland's top utility, state-controlled Fortum, on Monday said it has acquired a 14 percent stake in Finnish wave energy developer Wello. Wello has developed

Cavernous Swiss Power Plant Undermined by Renewable Energy

Deep in a Swiss mountain, workers have blasted out a cathedral-sized hole for a power plant that will help keep Europe's lights on, but the profit outlook for the 1.

China's National Carbon Market to Start in 2016

China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules

News

Fortum Buys Stake in Wave Power Startup

Finland's top utility, state-controlled Fortum, on Monday said it has acquired a 14 percent stake in Finnish wave energy developer Wello. Wello has developed

Gazprom Neft Starts Oil Production, Shipments from Iraqi Badra Field

Russia's Gazprom Neft said on Monday it started commercial production and shipments of oil produced at its Iraqi Badra oil field. Gazprom Neft, the oil arm of state gas company Gazprom ,

Statoil Says Normal Operations at In Amenas Gas Plant Resuming

Normal operations are resuming at the In Amenas gas plant in Algeria 18 months after a raid by Islamist militants killed forty employees, one of the plant's operators, Statoil, said on Monday.

Vessels

MARAD Shipbuilding Loan Guarantee

The launch of the Bravante IX, built in a U.S. shipyard, was from the investments made by the Maritime Administration (MARAD) just three years ago. The investment

DoD Award Dredging, Ship Maintenance, Charter Contracts

US Department of Defense informs of placement of contracts for Chesapeake Bay dredging, dry-docking of USS Pearl Harbor, and charter of surface escort vessels. Details as follows: 1.

Voith Schneider Propellers Drive Double-ended Ferry MS Frisia IV

Ferries operated by Norden-Frisia AG have been serving the East Frisian island of Norderney for many decades. Navigation in these coastal waters poses special

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1231 sec (8 req/sec)