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cocoa farmer

Raw sugar hits highest in nearly a month

Raw sugar hits highest in nearly a month

  • May raw sugar rose 0.4% to 15.92 cents per lb .
  • May arabica coffee fell 0.9% to $1.3095 per lb, having hit its highest since mid-March in the previous session.
Published 15 Apr, 2021 07:51pm
More rain needed to strengthen Ivory Coast cocoa mid-crop, say farmers
Markets

More rain needed to strengthen Ivory Coast cocoa mid-crop, say farmers

  • Farmers said more downpours this month would be crucial to avoid a decline in the harvest from July and to improve the quality of the beans, especially since temperatures have been high.
  • "The trees need more rain because it's very hot," said Kouassi Kouame, who farms in the western region of Soubre, at the heart of the cocoa belt.
Published 12 Apr, 2021 06:06pm
Ivory Coast 2020/2021 cocoa arrivals seen at 1.660mn tonnes by April 4
Markets

Ivory Coast 2020/2021 cocoa arrivals seen at 1.660mn tonnes by April 4

  • Ivory Coast's 2020/2021 cocoa mid-crop harvest started on April 1 and will end Sept. 30.
  • About 7,000 tonnes of beans were delivered to Abidjan port and 3,000 tonnes to San Pedro between April 1 to April 4 for a total of 10,000 tonnes, down from 16,000 tonnes during the same week last season.
Updated 06 Apr, 2021 07:29pm
Dry weather and heat threaten Ivory Coast's cocoa crop
Markets

Dry weather and heat threaten Ivory Coast's cocoa crop

  • The soil is becoming dry. We need a good rain before the end of the month or we will have losses.
  • A prolonged heat wave could worsen the quality of beans during the first three months of the mid-crop, farmers said.
Published 15 Feb, 2021 08:51pm
Ivory Coast farmers are hopeful for cocoa mid-crop
Markets

Ivory Coast farmers are hopeful for cocoa mid-crop

  • Farmers said good moisture content in the soil had helped plenty of small pods develop on trees - a strong start for the April mid-crop compared with the same period last year.
  • "Without upkeep of the plantations, production could fall," said Albert N'Zue, who farms near Daloa.
Published 01 Feb, 2021 09:20pm
EU urges Ivory Coast to comply with new sustainable cocoa laws
World

EU urges Ivory Coast to comply with new sustainable cocoa laws

  • The European consumer wants to eat chocolate without having to think about child labour, deforestation or the poverty of those who grow cocoa.
  • The EU represents the leading destination for Ivorian beans, accounting for 67% of the country's cocoa exports.
Published 22 Jan, 2021 09:23pm
Ivory Coast cocoa exporters curb exposure and inventories amid glut
Markets

Ivory Coast cocoa exporters curb exposure and inventories amid glut

  • "You have to adapt or lose a lot of money on LID," a director of an Abidjan-based international cocoa company said, requesting to remain anonymous because of the sensitivity of the issue.
  • Exporters said most of the cocoa purchased between October and December will now be used to honour around 80% of the January-March contracts.
Published 22 Jan, 2021 07:19pm