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Côte d’Ivoire: 2017-18 Cocoa Mid-Crop Prospects improved over abundant rain

Tuesday, 26 June 2018 17:24

(Ecofin Agency) - Abundant rain in Côte d’Ivoire last week are expected to boost yield during the 2017-18 cocoa mid-crop. Reuters reported that rainfall exceeded the five-year average in Daloa (which provides a quarter of national output) and in the heart of the cocoa belt in Soubre, reaching 67.9 mm and 67.2 mm, respectively. 

We are going to finish the mid-crop well. Everything is green and the trees are doing well. From July we will begin to prepare for the (ed: 2018-19) main crop,” said Raphael Kouamé, a farmer at Daloa.

According to Lazare Ake, a farmer from Soubre, “there is good sun and rain, that’s what the cocoa trees want. There are enough pods on the trees. This time is good for them”.

For the record, Icco’s latest monthly cocoa bulletin showed that the beans’ shipments reached 1.74 million tons through June 12, since the season begun last October. Let’s note that world cocoa output is forecasted to fall by 3.3% to 4.58 million tons in 2017/2018. 

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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