Cashew Kernel Price Today

Cashew Kernel Price Today...

Temporarily suspended for constructions

Thứ Tư, 30 tháng 12, 2015

Tanzania's Govt blocks firm from exporting over 500 tonnes of cashew nuts


Read more:

India: Higher wages, rising raw nut prices hit cashew exports

30 Dec. 2015

Vietnam: Farming enjoys trade surplus

Cashews being processed for export at Quang Son Company in central Phu Yen Province's Phu Hoa District. Agro-forestry-fishery ran a trade surplus of US$7.1 billion in 2015, despite a slight reduction in export revenues. — VNA/VNS Photo Dinh Hue

A NOI (VNS) — Agro-forestry-fishery recorded a trade surplus of US$7.1 billion in 2015, despite a slight reduction in export revenues.
This year, the sector exported $30 billion worth in commodities, being a slight annual decrease of 0.8 per cent. Its import value, however, was estimated at $23 billion, up 5.5 per cent year on year.
Of note, cashew and peppercorns enjoyed higher selling prices compared to 2014.
Viet Nam sold 328,000 tonnes of cashew nuts abroad, bringing in $2.4 billion. While the quantity grew just 8.3 per cent annually, the value increased by 20 per cent.
Likewise, peppercorn exports fell to approximately 135,000 tonnes, however, they saw a five-per cent revenue gain, with total revenues reaching $1.7 billion.
However, some major farming produce, such as coffee, rubber and rice, experienced falling prices in foreign markets.
According to Nguyen Nam Hai, General Director of the Viet Nam National Coffee Association, coffee suffered from highly volatile prices, which were high at the beginning of the year and have continuously fallen. Viet Nam exported 1.28 million tonnes of coffee, earning $2.5 billion, down 25 per cent in quantity and 28 per cent in value.
Rubber price also followed a downward trend in recent years without a hint of recovery.
Further, rice exports recorded a higher volume, at almost 6.7 million tonnes. However, falling prices caused a 2.9-per cent dent in revenues from last year.
Also, marine products generated $6.5 billion, down 17 per cent year on year. The fall was due to significant price decreases in major markets, such as the US, Japan and the Republic of Korea. — VNSSource:

Mozambique targets 100,000 tons of cashew in 2016

December 28, 2015

The Mozambican government says the 2015/2016 cashew sales campaign is expected to reach 100,000 tons.This will amount to an improvement of 23 percent over the previous year, according to the Economic and Social Plan for 2016 seen by APA on Monday.

The plan also suggests that the seed cotton sales year should, in turn, total 70,000 tons, similar to the previous campaign.

The Economic and Social Plan recently approved by the country’s parliament forecasts that the agricultural sector in 2016 will register growth of 6.5 percent, as a result of investment in the sector, including the availability of improved seeds and technical support to producers.

The figures cited by the plan suggests that grain production is expected to grow to 2.8 million tons, which represents 13.4 percent, 2.1 million tons of corn, 450,000 tons of rice and 730,000 tons of legumes, up 11.5 percent year on year.

The document approved by the Mozambican parliament says production levels had risen after an increase in cultivation areas, agricultural mechanisation, use of animal traction, improved seeds and use of fertilisers and pesticides.


Nigeria cashew exports worth N49.7b

December 30, 2015

Nigeria  cashew exports are  worth $250 million (about N49.7 billion) yearly, according to the National Cashew Association of Nigeria (NCAN).Speaking at a logistics meeting in Lagos, yesterday, its President, Pastor Tola Faseru said the average export price goes up  year ly with increased demand coming from consuming  nations.He said Vietnam and India remained Nigeria’s largest buyers.Globally, stocks of nuts, including cashew, in North America and Europe had been low, while global demand had increased. This offers good prospects for the Nigeria’s cashew industry this year, he said.

The industry, according to him,  is expected to earn $250 million from export of 180,000 tonnes of cashew nut.He said global demand for its nut has been forecast to go up. He urged exporters to pay more attention to improve product quality and ensure hygiene and food safety to enable exports.He  said the cashew industry has developed in recent years and focused on improving technologies.Faseru  said the industry  wants to increase cashew cultivation area, nationwide and produce 500,000 tonnes by 2020.He said the association was working with farmers and the government to develop cashew growing areas and giving technical support to farmers to help them increase profits.To enable Nigeria improve its position as a major  cashew exporter, he said the association decided to hold a meeting with operators across the port value chain in order to reduce the transit time for cashew exports.He told exporters and farmers that forging a united front can help revamp the cocoa sector, which has over the years, sustained the economy, adding that the collaboration of stakeholders was crucial in global cashew sustainability.


India: Cashew exports decline, raw nut imports rise

December 29, 2015

Exports of cashew continued their downward spiral so far during the current fiscal, while imports of raw cashew nuts (RCN) have shown an increase.

Total exports during April-November 2015 stood at 64,220 tonnes valued at Rs 3,248.32 crore at a unit value of Rs 505.81 a kg. Whereas, during the corresponding period last year total shipments stood at 78,715 tonnes valued at Rs 3,522.57 crore at a unit value of Rs 447.50 a kg.At the same time, imports of RCN increased to 8,12,047 tonnes valued at Rs 6,977.44 crore during the first eight months of the current financial from 7,91,245 tonnes valued at Rs 5,311.62 crore in the same period the previous fiscal.The unit value also showed a rise to Rs 85.92 a kg from Rs 67.13. Exports of Cashew Nut Shell Liquid/Cardanol during the current fiscal rose to 7,653 tonnes valued at Rs 40.88 crore from 6,944 tonnes valued at Rs 32.29 crore. Unit value realisation stood at Rs 53.42/kg (Rs 46.50), according to Sasi Varma, Executive Director and Secretary, Cashew Export Promotion Council of India (CEPCI).“Nearly 50 per cent of the factories in the organised sector continued to remain closed from April 1, following substantial hike in the wages by the state government and high raw nut prices. As a result, exports continued to decline, adversely affecting the industry on the export front,” Sundaran Prabha, Chairman, CEPCI, told BusinessLine.However, good persisting domestic demand, he said, is presently supporting the industry but how long it will sustain cannot be predicted, he said.


Thứ Ba, 29 tháng 12, 2015

2015 AFI U.S. Food Import Industry Annual Report by AFI President

29 December 2015

Tick, tick, tick. Some of you reading this probably thought of a time bomb. While that can be true for some people for the subject I’m going to cover, for most the tick, tick, tick simply is a reminder that the clock continues to move – toward FSMA implementation.

Final rules to implement the Food Safety Modernization Act will be released beginning in the summer of 2015. Tick, tick, tick. If your company has paid attention to what was in the proposed rules and taken steps to address those requirements, the ticking is just the clock in the background. Keep being proactive; keep protecting yourself. We don’t expect many changes in the final rules, so the work you’ve done to date puts you ahead of the game. The final rules won’t go into effect immediately; there will be a phase in time of one to two years in most cases, depending on the size of the company. Though that ticking noise may seem to get a little louder at times, you can keep it as background noise with continued compliance efforts. Don’t let the length of that implementation time fool you. It’s not as long as it sounds and stopping efforts aimed at ensuring compliance will only make the ticking sound louder at some point down the road.

The time bomb scenario comes into play for those who have not paid attention to the proposed FSMA requirements and/or have not taken steps to ensure compliance. As the guys on the late-night TV infomercials say, Act Now! Don’t Delay!

Again, we don’t expect a lot of changes from the proposed to the final versions of the rules. So for those who are saying, “we’re waiting until the final rules are published”, bad move. I doubt there’s a company on the planet that has or will put together a preventive controls plan with no required changes. So why put off 100 percent of the initial work for the possibility that rule changes will impact 5 percent of the plan? Putting things off until the final rules are published leaves you that much less time to make any required changes to your plan.

The “plan” is foundation upon what FSMA is built. It refers to a preventive control plan. Every U.S. facility is required to have a preventive control plan in place that identifies all potential food safety hazards, outlines steps to address those hazards and spells out how the plan will be monitored and verified. FDA can’t directly require foreign facilities to meet these requirements, so the law requires the U.S. importer to be able to ensure the food being imported by the company meets or exceeds the requirements U.S. producers must meet. Therefore, FSMA requires importers to have the preventive control plans for every facility from which it imports.

So what steps should people be taking?

Foreign exporters shipping to the U.S.: Design your preventive controls plan. Most companies have such a plan in place but it’s called by a different name. Many people are concerned that although they have a plan in place to meet requirements in the European Union or someplace else, the certifications, etc. are not recognized in the U.S. A key thing to keep in mind is that the plan has to ensure the food is safely prepared; the law does not spell out what certifications are accepted. So a plan a company has in place for the EU, for example, could very well meet most or all of the FSMA requirements.

Here’s a step to take that not only protects you but sends a strong statement about your commitments to quality and the U.S. market – ask your U.S. customers for a date by which they want to receive your preventive control plans. Not only does it show you’re being proactive, it can give you an idea of how much the customer knows about FSMA regulations. This is important because an importer’s failure to have sufficient plans from each of its customers could lead to FDA halting that company’s operations. You want to work with progressive companies that take the steps needed to protect themselves and you.

U.S. importers: Request preventive control plans from every facility from which you import. Remember, this is facility-specific, not company-specific. So if you import from a company with more than one facility, get the preventive control plans from all of the facilities producing product you sell. It’s not enough just to get the plans. You need to review them because if a problem arises, the importer is ultimately responsible. Since some of your suppliers will need time to develop/adjust their plans, request this information as soon as possible.

The relationship between U.S. importers and their foreign suppliers and the FSMA requirements that further connect them are so important there are two articles elsewhere in this publication by attorneys at two leading law firms that cover the topic. Though the perspective in the articles and the report you’re reading now are all a little different, one message is the same – don’t wait! Tick, tick, tick.

AFI President  Bob Bauer
Source: AFI

AFI's Annual Report of Nut & Agricultural Products Section

29 December 2015

There was an article in an edition of this publication from several years ago about the case against marketing orders. Unfortunately, some members of AFI’s Nut & Ag Section are in the midst of living through a prime example of the need for elimination or reform of these orders.

The problem is in the hazelnut sector. Imported hazelnuts are subject to the marketing order on that product. Starting about a year ago, imported shipments of hazelnuts from the country supplying the vast majority of the world’s hazelnuts began failing USDA inspections. AFI immediately began looking into the issue, creating a task force that held meetings with USDA, the foreign producers and the domestic board that administers the marketing order.

None of us want to market unsafe product, so our first step was to ensure the product was still safe. Once that was determined, we provided information to the foreign producers on the steps we recommend to try to address the problem.

At the same time, we studied the marketing order and agreed there were changes that should be made that would help the entire industry. Unlike many other sectors, there is a history of cooperation in the hazelnut sector, best demonstrated by the work of the Hazelnut Council. That body existed for several years through the cooperation of foreign producers and their government, domestic producer interests and AFI and its members.
Rather than go into the nitty gritty of the specific issue, I’ll focus on the larger issue. Even though imports are subject to the marketing order, the import community – neither the importers nor the foreign suppliers – has no representation on the board of the marketing order. However, the first step that has to be taken to change a marketing order is for the board that runs the order to make a request to the Secretary of Agriculture to make a change to the order.

So in this case, the domestic industry is not experiencing the same problem as imports at the moment. The problem didn’t even appear to be on their radar. As I’m sure we would have done, they asked many questions about the issue but were not all that sympathetic toward us and did not immediately agree with our suggestion to change the marketing order standard to create an industrial grade that much of the product being rejected could easily fit into, allowing perfectly safe hazelnuts to be ground for uses such as the rapidly growing nut butter segment.

It’s important to make the distinction between USDA grade standards and marketing order standards. They are separate and not interchangeable. If we went through the long process of seeking a change to the USDA grade standard for hazelnuts, it would have no impact on the standard outlined in the marketing order and vice versa. The only difference is that we would have a voice in dealing with the USDA standard.
We continue to speak with the domestic industry to answer their questions and to ensure they understand the breadth of the problem. Though we remain hopeful our relationship with the domestic growers will help us address this issue, we remain frustrated with the protectionism built into marketing orders and that treat importers in a way similar to taxation without representation.

As we continue to work with the domestic growers on this issue, we continue to work with trade associations around the world involved in the nuts, seeds and dried fruit sectors. The relationships with organizations such as the International Nut and Dried Fruit Council, the Peanut and Tree Nut Processors Association, SINDACAJU in Brazil, the Cashew Export Promotion Council of India, VINACAS in Vietnam and the African Cashew Alliance help us all understand one another’s issues and help AFI spread the word about U.S. requirements. This is especially important today as we wait for the soon-to-be-published final rules for the Food Safety Modernization Act. AFI will work with its fellow associations to spread the word about the new requirements so we can work to ensure our suppliers can meet the new requirements. AFI also cooperates with industry associations in the nuts, seeds and dried fruit sectors in Europe regarding arbitration issues.

All of these relationships put AFI in position to work on our behalf. As the second generation involved in my company’s business, I had early exposure to AFI’s work. I’ve seen how AFI’s partners look to us for guidance and I’ve seen how U.S. and foreign government agencies seek AFI’s input. I encourage members to bring issues to AFI’s attention and I encourage non-members reading this to seriously consider becoming a member of the organization. You’ll be glad you did.

Dan Phipps, Red River Foods
Source: AFI

Funding Opportunities: INC Research Grant

December 16, 2015

We are glad to announce that the INC International Nut and Dried Fruit Council just launched its annual Research Grant and is inviting researchers to submit proposals.
The aim of this grant is to promote clinic, epidemiological, basic and strategic research that may contribute to enhance the understanding of the health effects of nuts and dried fruits. This call is open for public and private institutions, as well as not-for-profit organizations, and encourages cooperative research. INC has a specific wish for cooperative projects that bridge different research areas, as the interaction of disciplines and research groups often leads to new knowledge and understanding of correlations.
Applications due by: 29 February 2016.
All projects must be submitted using the Application Form.
200,000 EUR is available for the 2016 Research Grant. It will be standard practice to grant co-funded projects (up to 50 percent of the total cost of the project). Subsidizers may include public or private sector research organisations, as well as business and other partner organizations whenever these bring distinctive contributions to the research project. Salaries paid by the institution of origin are not considered co-funding.
Exceptionally, the INC will finance all the expenses of a non co-funded project whenever the total expenditure does not exceed 50,000 EUR.
2016 Research Priorities:
  1. Nuts and/or dried fruits and cognitive function.
  2. Nuts and/or dried fruits and body weight and adipose tissue distribution.
  3. Combination of nuts and dried fruits and blood pressure, clotting factors and inflammatory markers.
  4. Combination of nuts and dried fruits and glycemic load and/or diabetes.
  5. Nuts and/or dried fruits in exercise performance.
  6. Nuts and/or dried fruits and intestinal microbiota.
  7. Nuts and/or dried fruits and metabolomics.
  8. Nuts and/or dried fruits as part of a healthy diet.
  9. Intervention trials on relevant clinical end points.
  10. Meta-analysis of clinical trials.
For further information, please contact Ms. Irene Gironès, Scientific and Technical Projects Manager,

Funding Opportunities: INC Grant for Promotion and Dissemination Projects

December 16, 2015

INC calls for projects aimed at promoting the use and consumption of nuts and dried fruits, whenever such projects are beyond the scope of the INC, i.e. projects that the INC cannot fit within its regular activity, for instance due to language or geographic challenges.
The Call is open for projects from public and private institutions, as well as not-for-profit organizations, and encourages cooperative projects implying INC associate members. Special emphasis will be placed upon multi-collaborative projects and cooperation with industry-related partners.
Applications due by: 29 February 2016.
All projects must be submitted using the Application Form.
50,000 EUR is available for the 2016 Grant. INC calls for projects that have matching funds. It will be standard practice to grant up to 50 percent of the total cost of the project. The applicant must have secured the match-funding at the moment of submitting the project. Subsidizers may include public or private organizations, as well as business and other partner organizations whenever these bring distinctive contributions to the project. Salaries paid by the institution of origin are not considered co-funding.
Exceptionally, INC will finance all the expenses for a non co-funded project whenever the total expenditure does not exceed 5,000 EUR.
Eligible Projects:
  • Activities that provide markets and consumers with information on the properties and qualities of nuts and dried fruits (e.g. marketing campaigns at points-of-sale, education campaigns at schools).
  • Market research and activities aimed at ensuring that consumers and health professionals know about nuts and dried fruits and their many positive features (e.g. participation in specialized events).
For further information, please contact Ms. Irene Gironès, Scientific and Technical Projects Manager,

Red River Foods brings cashew brand to Richmond market

December 27, 2015

What Dan Phipps likes about East Bali Cashews, besides the variety of flavors, is the confidence that the imported nuts come from a company that helps make part of the world a better place.

The cashews have been distributed locally for the past two months by Richmond-based Red River Foods Inc., where Phipps is senior vice president and in line to take over the position of president from his father, James Phipps.

Red River, a privately held company that was once a subsidiary of Universal Leaf Tobacco Co. Inc., distributes nuts, seeds, and dried fruits and vegetables worldwide.

East Bali Cashews are a minuscule part of the company’s business — far less than 1 percent — but the product is a company favorite.

“We are constantly looking for ways we can give back,” Dan Phipps said. “East Bali offers a more sustainable supply chain, it provides jobs in a part of the world where jobs are needed and does so much more.” As a result, Red River has invested in East Bali Cashews and has begun to distribute the company’s products.

East Bali is led by Aaron Fishman, who got into the cashew business almost by accident after his plans to join the Peace Corps didn’t work out.

Fishman got a job teaching in East Bali — a poverty-riddled part of the storied island on the eastern edge of the Indian Ocean. He became aware of the abundance of cashew trees, and observed that local farmers sold the delicious nuts on the cheap to Vietnamese processing factories. Most of the profit in the cashew-production business is made by the processors.

Fishman persuaded a group of Bali investors to fund construction of a local processing plant. Now that plant employs 300 people, almost all of them women. The plant’s campus includes an early-learning center that cares for the children of many of the mothers who work there.

“Aaron isn’t getting rich,” Phipps said. “You would know that if you saw where he lives. The revenue gets folded back into the company and into programs to help the community’s cashew farmers with management and handling.”

The East Bali Cashews available in the Richmond market come in 3-ounce packages in a variety of flavors from sea salt to chocolate to garlic and pepper.

The ready-for-snacks cashews are the exception to Red River’s business of wholesale distribution of raw products.

Phipps, a University of Richmond graduate with a degree in political science, declined to disclose financial data for the company, but he said Red River ships 42 million pounds of unprocessed cashews a year. “That’s our biggest product, volume-wise,” he said.

Red River, with headquarters at 9020 Stony Point Parkway, has about 20 Richmond employees. The company has offices or facilities in New York, Washington state, California, China, Benin, Ghana and Turkey.

The East Bali Cashews are available at the two local Good Foods Grocery stores at the Gayton Crossing shopping center and at the Stony Point Shopping Center, at Stella’s Grocery at 1007 Lafayette St., Kohlmann’s Neighborhood Market at 109 E. Grace St., Little House Green Grocery at 1227 Bellevue Ave. and taZa Coffee ‘n’ Creme at 5047 Forest Hill Ave. You also can order them on

So far, Richmond is the only market Red River supplies with East Bali Cashews. Phipps said his company is talking with national retailers about carrying the product.

“Right now,” he said, “we’re gathering information and data for East Bali Cashews to help them enter the U.S. market.


Thứ Hai, 28 tháng 12, 2015

Indian Demand Up, Global Demand in Holiday Mood

Thu Dec 24, 2015

W320 is moving around Rs6800+CST in Goa and Mangalore/tin/11.340 kilo. Last moment sales for Christmas and New Year has spiked the demand.

But there is no change in demand for splits and pieces.

Global market is under holiday mood. Clear picture of market might emerge only after 2nd week of January.


Mozambique expects to produce 100,000 tons of cashew nuts

The 2015/2016 cashew sales campaign is expected to reach 100,000 tons, an increase of 23 percent over the previous year, according to the statements in the Economic and Social Plan for 2016.
The seed cotton sales year should, in turn, total 70,000 tons, similar to the previous campaign, also according to the same forecasts.
The Economic and Social Plan recently approved by the country’s parliament forecasts the agricultural sector in 2016 will register growth of 6.5 percent, as a result of investment in the sector, including provision of improved seeds and technical support to producers.
The figures cited by Mozambican daily newspaper Notícias, showed grain production is expected to grow 13.4 percent to 2.8 million tons, of which 2.1 million tons of corn and 450,000 tons of rice and 730,000 tons of legumes, up 11.5 percent year on year.
The document approved by the parliament said that production levels had risen to an in increase in cultivation areas, agricultural mechanisation, use of animal traction, improved seeds and use of fertilisers and pesticides. (macauhub/MZ)

Thứ Bảy, 26 tháng 12, 2015


Monday, 21 December 2015 

The Odisha Cashew Processors’ Association held a two-day national-level meeting of cashew processors and conducted a national level seminar here on the concluding day on Sunday. Over 450 delegates from different parts of the country attended the event.
Odisha is the country’s third largest cashew-growing State with 1.70 lakh hectares of land under cashew production and employment of more than 30,000 workers every day, out of which 90 per cent are women.
The seminar was held on theme “Boosting Cashew Productions in India”. Speaking at the meeting, BJP leader and former Assembly Deputy Speaker Assembly Rama Chandra Panda urged the State Government to treat agriculture as industry and provide necessary incentives to cashew growers at par with the industry.
The massive waste lands in the coastal areas should be developed for cashew plantation, for which both the Union and State Governments should chalk out a time-bound programme, Panda said. He also urged the Government to provide necessary assistance to cashew growers during natural calamities at par with growers of other crops.
Another speaker Congress MLA Tara Prasad Bahinipati alleged gross negligence to the agro sector and called for united efforts by the cashew growers and processors in the State to ventilate their grievances to the authorities from time to time.
Odisha Cashew Producers’ Association president Rajendra Sabat presided over the meeting.
Director of Industries Nityananda Pallai called upon cashew producers to invest in Odisha to avail the benefits of the myriad incentives which the State Government is planning to provide to cashew growers and processors.
Among others, the Director Ministry of Small Scale Industry (MSME) and Deputy Director of National Horticulture of Board of India Bani Singh and association general secretary Sudhakar Bhola and advisor Jagan Mohan Panda also spoke.

in Bhubaneswar

India: Thirsty tuskers destroy cashew, mango groves

24 December 2015

The elephants, which have been living in deep forests, are now coming into near-by villages as they failed to find the drinking water in woods. A herd of elephants are roaming in Tittiri village of Kurupam mandal in Vizianagaram district. 
Eguva Gundam and Diguva Gundam villages are also under attack from elephants. The animals are damaging the crops in these areas. On Tuesday, the tuskers damaged a wall, which belongs to T Singanna of Diguvagundam village. 

The elephants have entered the Kurupam agency recently and damaged banana, tomato and sugarcane crops.

The local people said that the elephants had been trumpeting during night and they were not daring to go to the farms with the fear of the beasts. 

The elephants are searching for water as the streams and other pits become dry after rainy season. The elephants sneaked into the villages and destroyed cashew and mango groves here. 

After getting the information from the villagers, the forest authorities have been trying to send them back to the forest of Odisha.


India: Disaster prone Cuddalore farmers start wearing several hats

Press Trust of India  |  Cuddalore (TN) 

Repeatedly ravaged by natural disasters, the recent deluge following unprecedented rains being the latest, the farmers in Tamil Nadu's Cuddalore district have started diversifying like never before. 

From taking up organic farming to cashew shelling to cattle rearing, they are branching out to different areas connected to agriculture with the help of government agencies and NGOs that provide them training and micro-credit support. 

K Gopalakrishnan of V Kattupalayam, essentially a farmer, had some time back also taken up cashew procurement, shelling, processing and marketing. But, with the deluge having hit the cashew business, he is now contemplating taking up vermicomposting as a new alternative. Vermicomposting is the practice of using earthworms to convert organic waste into fertilizer. 

"It is all about syncing demand, supply, seasons and time. At the moment cashew shelling is at a slow pace. We expect it to pick up momentum after some time. During such lean period we give more attention to organic farming or some other local work," he says. 

Gopalakrishnan says he had previously produced and used vermicompost exclusively for his farms but "now I find that it can be sold and vermicomposting by itself could get me some additional income". 

Also the treasurer of Real Organic Agriculture Federation (ROAF), Gopalakrishnan says farmers like him were now tapping the potential of micro-credit and seeking hands-on training on latest farm trends more and more. 

He said experts from government agencies like Krishi Vigyan Kendra and NGO "Real" provide information about current trends in the farming sector and train them in organic farming techniques. The NGO has also lent interest free loans, he added. 

"Earlier, we used to feel that we knew all available farms techniques. Now, after attending training sessions, we feel that science combined with traditional wisdom could make the difference," he said. 

"Through our ROAF, several farmers have got Rs 10,000 loan and our federation today lends tractor to farmers at concessional rentals which is as low as Rs 100-200 a day while the going market rate is over Rs 1,000," he said. 

Gopalakrishnan's wife Soundaravalli, a key member of a local women's self-help group, thanked NABARD Financial Services (NABFINS) for their micro-credit services. 

Due to such credit, she said, women in her village were gainfully employed. "Aided by such credit, (alongwith their own contribution) some of us have bought manual cashew outer-shell crushers, while others have gone for farming organic vegetables," she said.


Political appointees ousted from Cashew Corp

Friday 25 December 2015 

Political appointees ousted from Cashew Corp
Though the Muslim League offered partial control of the corporation’s affairs, Labour Minister Shibu

Thiruvananthapuram: The Kerala government has dismissed the board of directors of the Kerala State Cashew Development Corporation, freeing the board of political appointees.

Though IAS officers K.Biju and K. Jeevan Babu have been appointed chairman and managing director, respectively, Industries Minister P K Kunhalikutty does not want to leave the full control of the corporation to the Labour Department headed by Shibu Baby John.

Though the Muslim League offered partial control of the corporation’s affairs, the RSP leader said he did not want to be a deputy minister in charge of the corporation, holding up the notification for the planned transfer of the corporation.

The previous cabinet meeting had decided to reconstitute the corporation’s board of directors by including bureaucrats, after the chairman resigned due to allegations of corruption and the managing director was shown the door. 

The new MD, Jeevan Babu, comes from the Kerala State Beverages Corporation.

The corporation earlier had a board comprising two members from the Congress, including the chairman, two representatives of the Muslim League and one member each from the CPM, CPI and the RSP. 

Board members from the CPI and the CPM resigned after corruption allegations clouded the corporation. Trouble erupted in Muslim League when the entire board was about to be disbanded.

The corporation may no longer have a board with political appointees.

The plan to shift the board to the Labour Department was mooted by Industries Minister Kunhalikutty himself. Opposition from within the Muslim League intensified by the time the government was about to notify the change. Meanwhile, the new chairman and the MD had been asked to study about the possibility of reviving the corporation. They have submitted a report, saying that the corporation could be given a fresh lease of life with a grant of Rs 65 crore. The government wants future tenders to be transparent.

by Jayan Menon

Nigeria: Cashew Production Necessary- NCAN

26 Dec. 2015

Mr Sotonye Anga, the National Cashew Association (NCAN) National Publicity Secretary,said there was a need to boost cashew production in the country and also increase its export to earn foreign exchange
Anga said that although the industry presently produces about 150,000 metric tons of cashew annually, the sector would increase its production by 50 per cent in the 2016 season.
“We understand the need to diversify Nigeria’s economy, increase earnings on non oil revenue, create jobs; and we know cashew is one crop that can deliver on these core national objectives.
“There is urgent need to expand cashew production, strengthen cashew processing and greatly increase our national cashew export to earn more foreign exchange for Nigeria while creating jobs for Nigerians.
 “Nigeria, with a current annual production of 150,000 metric tons of raw cashew nuts, needs to deliberately increase its production by 50% over the next 4 years.
“This is in order to have sufficient raw cashew nuts to feed local cashew processing factories and also meet the growing demand of India, Vietnam, China, Brazil and countries hungry for Nigerian cashew,“ he said.
The publicity secretary said that with reference to international and globally accepted benchmarks, Nigerian cashew farmers, cashew processors and cashew exporters were operating at a disadvantage.
He said that the country should remove the things that put Nigeria’s cashew industry at a disadvantage in order for it to grow.
“The world is hungry for Nigeria’s cashew because our cashew is organically grown and has great and unique taste.
“In line with this reality, we need to grow more, and produce more cashew to meet this rising global demand for Nigerian cashew,“ Anga said.
He said that the cashew industry created over 100,000 new jobs in 2015 and hoped to create additional 400,000 new jobs by 2019.
“It will be fine if we exceed this humble target, but we cannot do it alone, we need the government.
“We plan to create 400,000 new jobs for Nigerians by engaging them across the cashew value chain.
“However, this is the time to make things happen, we need to make the cashew industry work and create wealth for our people and nation,“ Anga said.
According to him, as a new cashew season begins in three months, key issues bordering on the development of cashew value chain are critical for Nigeria’s economic growth and development.
 Source: NAN

Thứ Sáu, 25 tháng 12, 2015

Brazil slashes cashew production forecast


Brazil’s statistical agency IBGE cut its national cashew nut production forecast by 20.94% to 154,105 tonnes in November, down from the previous 194,916 tonnes estimate published in the organisation's October report.
The new forecasted production for 2015 is now 43.01% more than the 108,713 tonnes that growers in the country harvested last year, although the final IBGE harvest estimate in only due in January 2016.


Thứ Tư, 23 tháng 12, 2015

The 1st "Technical Information Kit" by INC/ GCC

23 December 2015

Enrich your mind this holiday season by having a look at the "Technical Information Kit" published by the The International Nut and Dried Fruit Council, INC and the Global Cashew Council (GCC). Wishing you and your family a "nutty" holiday season! Link to the kit below:

Source: INC/ GCC

India: Koraput farmers seek GI tag for cashew nut

December 20, 2015

Cashew nut producers of Odisha have demanded Geographical Indication (GI) status for Jeypore cashew produced in Koraput district. Odisha is the third largest producer of cashew nuts with an annual production capacity of around 1 lakh metric tonne (MT) per annum from 1.80 lakh hectares.

Koraput's cashew nuts are one of the finest in the world. But because of poor promotion and export facilities, the high quality nuts are not getting marketed properly. "If the Koraput nuts get GI status then they can be differentiated from similar competing products and will earn a reputation for their indigenous nature," said Rajendra Sabat, president of the Odisha Cashew Processors' Association.

The association made the demand for the GI status at the Odi Cashew Meet, a national convention of cashew processors, here on Saturday.

A GI recognition lends a distinct identity to a product as belonging to a particular area with characteristics attributed to that place. The product earns reputation for its long-standing association with the region or the natural advantages of the region (such as soil quality and climatic conditions) or a combination of both.

There are over 350 cashew processors in the state producing around 85,000 lakh MT with an annual turnover of more than Rs 15,000 crore a year. However, the cashew industry in the state is facing several problems like shortage of raw materials, lack of export facilities, non-disposal of old trees and traditional method of cultivation.

Agriculture minister Pradeep Maharathy said, "The state government has decided to provide more land on lease to cashew farmers for more than 20 years so that it can be a profitable venture for them. Besides, attempts should also be made to produce various by-products."

The cashew processors also suggested the nut be included in the midday meals in schools as in Karnataka as they are a rich source of vitamins and minerals. Nutritionally, cashew nuts are on a par with milk, eggs and meat. They contain protein (21%), fat (47%), carbohydrates (22%), iron (5%) and other minerals in smal quantities. The most prominent vitamins in cashew are Vitamin A, D and E. "It should be given to children in midday meals in the form 'chhatua' (nutrition powder)," said one of the leading cashew processors, Ramesh Jami.