Posts Tagged ‘cocoa’

Cocoa and Climate Change

Thursday, October 15th, 2009

Blog Action LogoMy post for Blog Action Day 2009 focuses the impact of traditional cocoa cultivation in climate change. Let me start with the concept of the forest rent. The term was first coined by French Agronomist François Ruf. Here’s what he found.

Although a shade tree by origin, farmers found that exposing the cocoa tree to light, i.e., cutting down forests, increased yield dramatically. A newly planted cocoa farm thus starts out very productive and has high yields. But exposure to light shortens the trees’ life. As trees age–their life expectancy ranges now down to as little as 20 years–their yield declines. At the same time, they become more vulnerable to pests and diseases. The amount of labor and chemicals required to keep trees producing increases accordingly.

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Ghana Cocoa Board Increases Producer Prices

Wednesday, October 14th, 2009

Ghana’s Finance Minister Dr Kwabena Duffuor today announced the new cocoa producer price for the 2009-10 season. Farmers will receive GH¢2,208 ($1,511) per ton or GH¢138 ($94.50) per bag of cocoa. That’s a 35 percent increase over last year’s producer prices and about 71 percent of the FOB price of cocoa. With the current cocoa prices hovering around $3,300 per ton, I’m not sure how the 71 percent number was calculated. But the report indicated that the new price is the highest price ever paid to farmers.

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Ghana Cocoa Production Up

Thursday, October 8th, 2009

Ghana defied expectations and increased production for the cocoa year that ended on September 30. Despite smuggling and initially low deliveries, total cocoa production reached 703,000 tons, according to a report by the Ghana Broadcasting Company. This is the first time that Ghana has surpassed 700,000 tons.

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Côte d’Ivoire Production Reports for the Last Cocoa Year

Tuesday, October 6th, 2009

The new cocoa year started on October 1st and its time to review some of the production data from the last cocoa year. Let’s start with the largest producer, the Côte d’Ivoire.  According to an item in Africa Report, the West African country had its worst production in five years. Total cocoa exports amounted to 1,178,526 tonnes, 14 percent down from last years 1,367,877 tonnes. Exporters expect the current season to be just as  bad, predicting exports in the range of 1 million to 1.15 million tons.

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Jamaica to Boost Cocoa Production

Monday, September 21st, 2009
Map of Jamaica

Map of Jamaica

Jamaica is gearing up to boost its cocoa production dramatically. The Jamaican Information Service, reporting from a Jamaica Trade and Investment seminar, highlights a consultant’s assessment that the island has the infrastructure to handle 3,000 tons of cocoa, over six times the current output of 440 tons.

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