:. Food Industry News


Ghana Main Crop Cocoa Purchases up 13 pct

Source: Reuters
18/06/2008

Accra, June 17 - Ghana's 2007/08 main crop cocoa purchases as declared by private buyers to industry regulator Cocobod rose 12.9 percent year on year to 663,558 tonnes, a preliminary tally released to Reuters by an industry source on Tuesday showed.

Daily News Alerts

The previous 2006/07 season's main crop in the world's second biggest grower totalled 587,502 tonnes. The 33-week season officially closed on June 5 but Cocobod continued to receive final returns on declared purchases until June 12.

The main crop, which began mid-October 2007, was initially forecast at 600,000 tonnes, but hopes for a bigger crop have risen in recent months as weekly cumulative purchases figures have pulled ahead of year-ago levels.

Many in the industry have been predicting full-season output of 700,000 tonnes, including around 50,000 tonnes from the light crop which is tentatively scheduled to start on June 27.

Last year's light crop totalled 27,000 tonnes, out of a total harvest of 614,469 tonnes in the 2006/07 season, down from a record crop of 740,457 tonnes the previous year.

Ghana has set itself an ambitious target to harvest at least 1 million tonnes of cocoa a year by 2010, mainly through increased use of fertilisers and adoption of high-yielding seeds, combined with improved farming methods.



GO   View more articles on this subject


More Alerts from 18/06/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Ghana to Miss Cocoa Target Due to Smuggling
Ghana Sees Better-than-Expected Cocoa Main Crop
Cadbury to Invest GBP30 Million in Ghana Cocoa Farming
Malaysia Eyes Ghana in Bid to Boost Cocoa Grind
Tariffs Undermine Ghana Cocoa Sales to China, India
Food Price Turmoil Could Hit Cocoa Output - COPAL
Ghana: US$100M to Improve Roads in Cocoa Growing Regions...
Ghana Targets 1 Million Tons of Cocoa a Year in 3 Years...
Ghana Bans Transit of Foreign Cocoa Across Country
Ghana to Boost Cocoa Processing by 100,000 Tons

More in Food Industry News
Canada: Nationwide Alert for Listeria in Some Ready-To-Eat...
Italy Regulator Monitoring Parmalat Shares -Source
Vietnam, Cambodia Brace for Mekong Floods, Crops Safe...
Sri Lanka July Tea Output up 7.9 Pct on High Price...
Few Bright Spots for Beleaguered Australian Sugar
Starbucks, Pepsi and Unilever Partner to Grow the Tazo®...
Reed's Inc. Announces Q2 2008 Results; Net Sales Increase...
India to Spend 1.05 Bln Rupees on Coffee Replantation
Low-Cost UK Supermarkets Defy Retail Gloom -Study
Tsingtao's H1 Climbs 42 pct on Revenue Growth

Top Headlines
Canada: Nationwide Alert for Listeria in Some Ready-To-Eat...
Italy Regulator Monitoring Parmalat Shares -Source
Few Bright Spots for Beleaguered Australian Sugar
Starbucks, Pepsi and Unilever Partner to Grow the Tazo®...
Low-Cost UK Supermarkets Defy Retail Gloom -Study
Tsingtao's H1 Climbs 42 pct on Revenue Growth
China Yanjing Says Close to 1 bln Yuan Funding Plan
Vietnam's 2008/09 Sugar Seen Stable at 1.25 Million...
India Frees Exports of Rice and Corn Seed
China Green says Domestic Business Growing
Japan Trading Firms Bet Big on Food, Eye Asia
Coca-Cola Amatil Reaffirms Full Year Forecast
Drinking some Fruits Juices Can Lower Absorption of...
Muller Dairy Enters Romanian Yoghurt Market
Laep Announces Results and Moves Ahead with Consolidation...
US System to Pinpoint Food Contamination Sources 'Slow,...
Cargill Reports Fourth-quarter and Fiscal 2008 Earnings
Kofola Fined over EUR 500,000 in Czech Price Fixing...
Chiquita Completes Sale of Atlanta AG to UNIVEG
DSM Nutritional Products Increases Prices for Beta-Carotene...
Curd Dessert and Method for Manufacturing Thereof
Free-Flowing Gelatin Composition


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228