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ivorian cocoa farmers: rains hurting quality
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the correct mix of rain and sunshine is vital to the development of the cocoa crop. cocoa trees need very wet weather, but they suffer when it is too overcast, because it deprives them of the sunlight they need for photosynthesis. good rains have boosted cocoa arrivals to figures to beyond last season's levels. they are also expected to facilitate an early harvest next season, which officially starts in october but which farmers expect to start by mid-september. but overly wet weather also has hurt bean quality, particularly by spurring epidemics of black pod disease. farmers and agronomists said more sun was urgently needed to ensure a strong start of the new marketing season. in the region of soubre, which accounts for about 420,000 tonnes or a third of total production per year, farmers said weather conditions remained way too humid. analysts reported 9 mm of rains in the town of soubre and 8mm in sassandra, the southern part of the region. "we really need the rains to stop and give way to the sun. if not, the beans are going to darken," said farmer labbe zoungrana, referring to black pod disease. farmer salam kone, who works on the outskirts of soubre, said, "we have a lot of the pods on the trees and we're expecting a lot of money from them. it would be a real shame if the sun doesn't come out soon." but in the centre-western region of daloa, which accounts for 358,000 tonnes of yearly output, farmers were more upbeat over the main crop after light rains mixed with adequate sunshine. "the farmers are happy. we will start to harvest our pods here in two weeks. there will be a lot of beans of good quality compared with last year," said farmer magloire gnankan, who farms near daloa. in the region of abengourou, which produces 75,000 tonnes a year, an analyst working for an industrial plantation in abengouro reported just 1.5 mm of rain but an overcast sky. "if this carries on, there will be less cocoa by october because of black pod. we need that sun," he said. in the southern region of aboisso, 12 mm of rain fell, said a local weather analyst. similar growing conditions like abengourou were reported in southern regions of divo and agboville.
Source :flex-news-food.com
Date :
30
August
2010
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\"the market is definitely pricing in that there\'s going to be a big crop,\" a european trader said. after commodities firm armajaro scooped up nearly all available tenderable cocoa at the july futures contract\'s expiry, industry players were concerned that the stockpiling could be a precursor to an even more daring speculative play on september. the july and september futures contracts are regularly vulnerable to a shortage of fresh cocoa supplies prior to the harvest in the largest producing region, west africa, in september/october.
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the agency has updated its list of product ranges that do not contain the six food colours associated with possible hyperactivity in young children. another three manufacturers producing product lines free of the colours have been added to the list: mrc, pertwood organic cereals co.
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italian researchers have optimised the extraction of the mushroom flavour compound 1-octen-3-ol from a flower, highlighting the potential of a natural alternative. the new study, published in food chemistry, suggests 1-octen-3-ol - a compound with a ‘musty’ mushroom aroma - can be efficiently extracted from the flowering plant melittis melissophyllum subsp. melissophyllum.
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review of performance turnover of the group increased to rm19.917 million for the current quarter which represents 13.08% increase over that of rm17.614 million achieved in the preceding year corresponding quarter. the current quarter result reported a profit before income tax of rm489,000 as compared to the result of the same period last year of profit before income tax of rm911,000. the group achieved a higher turnover of rm19.
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\"the outlook for (cocoa) crops is rather good and from next year we should not have more grindings than crops, which should have a stabilising effect on speculative investments,\" tanner said in an interview. \"next year, there will be around 80,000 to 100,000 tonnes surplus,\" he added..
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this compares with a net loss of $2,916,000, or $0.18 in diluted loss per share, for the fourth quarter of fiscal 2009. total sales in the fourth quarter of fiscal 2010 were $54,359,000, a 4 percent increase above sales of $52,233,000 for the same period one year ago. the sales improvement was principally due to higher sales of high quality food grade alcohol that resulted from increased output from the company\'s previously announced joint venture, illinois corn processing (icp), llc.
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