Cashew Kernel Price Today

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Thứ Tư, 29 tháng 6, 2016

Nigeria: Forex: Cashew Association optimistic of exporter’s access to export proceeds

2th June 2016

The National Cashew Association of Nigeria (NCAN) on Monday said that the association was optimistic that exporters of agricultural produce would, henceforth, have unfettered access to export proceeds. NCAN’s Spokesman, Sotonye Anga, told the News Agency of Nigeria (NAN) in Lagos, against the backdrop of the Central Bank of Nigeria’s Flexible Exchange Rate, announced on…

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Mozambique records strong rise in cashew sales

Around 100,000 tonnes of cashew nuts have been sold at a combined value of USD23.1 million during the 2015/16 cashew nut campaign in Mozambique, according to officials from the country’s national cashew nut research institute Incaju.
This represents a 25% increase over the 80,000 tonnes of cashew nuts sold in the previous season, said Incaju director Ilídio Bande during a recent meeting of the cashew nut industry in Cafumpe, in Manica province.“In recent years, production,...
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Chủ Nhật, 26 tháng 6, 2016

Ghana: 10,000 jobs lost in cashew sector, Spio Garbrah says

18 April 2016

At a meeting with industry players in Sunyani, Spio-Garbrah said an estimated 10,000 people lost their jobs due to shortage of cashew nuts to the processing companies in the region hence the ban.

The minister of trade and industry, Dr Spio Garbrah, at a working visit in the Brong Ahafo region offered an explanation over a recent ban on cashew export from Ghana which was later revoked after an uproar from cashew farmers.

At a meeting with industry players in Sunyani, Spio-Garbrah said an estimated 10,000 people lost their jobs due to shortage of cashew nuts to the processing companies in the region hence the ban.

In the statement that banned cashew export, the minister said “The survival of the industry which is processing cashew in Ghana is on the brink of collapse and will only survive on the availability of adequate supply of raw cashew nuts for processing.”

So far, one out of the 11 processing plants in the region is operating. The rest is folded up.
Last week, the largest processing factory in the region, KONA Agro Processing Limited folded up over operational challenges.
The company, which employed 250 workers, many of whom were, used to process about 1,500 metric tons of raw cashew annually for export, the GNA reported.
The company's Director, Mr. Kwabena Taylor, said his outfit needed US$1.5 million to get back into business.

Spio Garbrah told the meeting that the ban on exportation of cashew nuts was in the interest of the country, adding that consultations at various levels were ongoing to come out with the best decisions which will stand the test of time.

The ban, which was later reverted, drew rare criticism from MPs of the ruling National Democratic Congress.
The Majority leader Alban Bagbin said the minister was acting like ‘Don Quixote’ and that the directive had no legal basis.
Deputy Majority Chief Whip and Member of Parliament for Banda in the Brong Ahafo region, Mr. Ahmed Ibrahim described the directive as “very weak and illegal,” questioning the basis of the directive.
Cashew farmers at that time derided the directive, saying it was putting the farmers at the mercy of two processing cashew plants.

Ghana: Bulk cashew exporters collapsing local processing factories

23 June 2016

According to the African Cashew Alliance, an estimated 75,000 smallholder farmers in Ghana produce approximately 70,000 metric tonnes of raw cashews each year.

Local cashew processing plants are operating below capacity due to the unavailability of raw cashews.

The problem is not because Ghana is not producing enough raw cashews but the plants are facing stiff competition from bulk cashew exporters who offer cashew farmers better price than the local processing plants.
According to the African Cashew Alliance, an estimated 75,000 smallholder farmers in Ghana produce approximately 70,000 metric tonnes of raw cashews each year.
"However, the local firms face competition from bulk exporters, who sell the cashews on to foreign processors at a higher price than is competitive for most domestic processors, who face higher operating costs for power, transport and labour," according to AsokoInsight, which offers data on Sub-Sahara African companies.
"As a result, over the course of the past decade, domestic processors have turned to importing nuts from neighbouring Cote d'Ivoire, in come cases - as with Mim Cashew - relying on imports for as much as half of their total inputs," according to AsokoInsight.

In March 2016, trade minister Dr. Ekow spio Garbrah restricted the exportation of cashews in a move to protect the local plants from collapsing, a sweeping directive.

Of the 12 cashew processing plants in Ghana, only two are in operation, and are reportedly operating below capacity due to scarcity of the nuts.
As much as 95% of Ghana’s total production of cashew nuts estimated at 68,000MT is exported in its raw form to overseas for processing, Spio Garbrah said.
This means that the industry is operating at just 5% of its installed processing capacity of 65,890MT,” according to the directive.

The largest cashew processor in the Brong-Ahafo Region, KONA Agro Processing Limited, shut down its operations due to financial difficulties.

The company, which employed 250 workers, many of whom were, used to process about 1,500 metric tons of raw cashew annually for export.
The company's Director, Mr. Kwabena Taylor, said his outfit needed US$1.5 million to get back into business.
Government is planning on establishing a Cashew Management Board to license, supervise and monitor all activities in the cashew value chain.
In addition, government is also mulling support for the National Buffer Stock Company (NAFCO) to enable them purchase the Raw Cashew Nuts (RCN) and establish a “Just-in-Time” inventory to ensure that the indigenous processors have an all-year-round supply of raw cashews/.

India: Cashew sector in a tailspin

KOLLAM, June 24, 2016

80 per cent of private sector factories remain closed owing to high production cost

The cashew sector of the State, which is largely concentrated in Kollam, is on a downward spiral.

About 80 per cent of the private sector factories and 30 factories under the public sector Kerala State Cashew Development Corporation (KSCDC) are remaining closed.
While “unbearable” production cost has been blamed for the closure in the private sector, lack of government allocation has been cited for the closure of the KSCDC factories. The closure in the private sector began soon after the government declared a 35 per cent wage hike for cashew workers.

Wage hike

Processors said the wage hike resulted in high production costs that rendered cashew kernels from Kerala uncompetitive in the international market.

They said that compared to Kerala, production costs worked out to only one-third in other States. In Vietnam, a leading global cashew processing country, the cost was even less. The 10 per cent import duty on raw cashew imposed by the Centre had added to their woes. “The duty created a situation wherein the processors could burn their fingers even if they dabbled with processing,” said a processor, who had shut down his factory.

Slump in import

The closure of factories had resulted in a slump in the import of raw cashew by the private sector as the processors are dependent on imports.

Though some belts in the State produce raw nuts, these are not procured by the processors within the State “because of commercial tax hassles”.

Almost the entire cashew produced in the State is going to factories outside the State as there is not much hassles for processors there to procure it.

The processors said that of the 752 private cashew factories in the State, more than 600 were lying closed, rendering thousands of workers, the majority of them women, jobless.
The processors said though the sector employed more than two lakh workers, successive governments had concentrated on the public sector factories that employed around 16,000 workers.

Some of the processors here had shifted operations to other States. There is also uncertainty over the reopening of the KSCDC factories.


Thứ Bảy, 25 tháng 6, 2016

India: Minister promises help for Kollam Port

Sat June 25, 2016

The Minister for Ports, Ramachandran Kadannapally, assured all help for the quick and sustained development of the Kollam sea port. Passenger connectivity with Minicoy and facilities for the cashew sector were the immediate priorities, he said after visiting the port on Friday.

The Minister said that the development of the port would be on the basis of opinions taken from representatives of the people and officers concerned. During the visit, the Miinister held detailed talks with the port officers. He also boarded the survey vessel Indira Point, which had docked at the wharf there. The Kollam MP, N.K. Premachandran, MLAs M. Mukesh and M. Noushad, the Ports Director P.I. Shiekh Pareeth, District Collector A.. Shainamol, and Port Officer Abraham V. Kuriakose accompanied the Minister.


Both India and Vietnam should Join Together to Control Defaults in Raw Cashew Shipments

25 June 2016

During the preparation stage of this year’s budget some Indian processors favored introduction of import duty on raw cashew as reckless imports caused reduction in the area under domestic cultivation and also huge Forex loss to the nation.

However, entire industry is now crying against the levy of duty. They feel that they have lost the competitive edge in the international raw cashew market. Nobody now cares them in this trade.

Losses on account of defaults in the west African shipments is the major worry in the Kollam region. Some importers are trying to recover their advance payments as contracted consignments have not reached them. Default is much less in other regions as their contracts were made mostly during the full scale procurement season.

Both India and Vietnam should join together to identify defaulters and their diverted shipments.


Thứ Năm, 23 tháng 6, 2016

Vietnam Cashew industry: Time to make a bold move

June 23, 2016

Mr Thanh pointed out that though the industry has been a major player in the global market, accounting for a 40% market share of processed nuts, it currently lacks long-term profitability and sustainability.The primary constraint that stakeholders face, undermining their efforts to realize the full trade potential for cashews is lack of access to credit to obtain working capital to expand domestic production.This in turn has led to an overdependence on import of raw nuts from Africa, said Mr Thanh, which are more often than not, of low quality and riddled with contamination from aflatoxins.Over the past few years, the industry on the whole has imported well over half of its annual requirements for raw nuts from foreign markets, principally from the African continent.Last year, Mr Thanh said, official statistics show the industry imported some 800,000 metric tons of raw nuts.The African cashew industry is also, he observed, notoriously dogged by issues related to quality.Aflatoxins contamination, he noted, particularly as it relates to imports from Africa, is a trade issue that needs to be tackled with urgency, as it takes a heavy toll, imposing enormous industry-wide costs.“Since the beginning of the year, our company has been plagued by contaminated shipments of product from Africa,” said Ta Quang Huyen, director of the Hoang Son I Limited Company.

At US$100-150 per metric ton, one contaminated shipment can be financially devastating and several can send a company spiralling into bankruptcy.Bach Khanh Nhat from Vinacontrol in turn pointed out that aflatoxins are difficult to detect without the use of complex technology, which most domestic businesses don’t have access to.Currently, available diagnostic technologies – including rapid diagnostic strips and ultraviolet absorption assessments – are not only expensive but are not portable enough to be used in the field.What’s needed, said Mr Nhat, is the newer technologies like infrared spectroscopy, an ‘electronic nose’ that can predict and semi-quantify aflatoxin levels using an application available on a mobile phone.In addition, as it now stands, stakeholders have little recourse against African companies who sell contaminated product— as there really are no practical legal remedies to get monetary refunds for the damages.The simple fact is that most African countries do not have policies, standards, or regulations to control aflatoxins, and those that do have them, lack adequate enforcement mechanisms.

Currently, it is estimated that contamination damages from loses due to aflatoxin contamination costs the Vietnam industry in the hundreds of millions of US dollars annually.One possible alternative to developing a reliable source of raw product from Africa is for more Vietnamese investors that possess the financial wherewithal to take the bold move and invest in the cashew segment of the African economy, said the Chairman of Vinacas.Africa has a great need for high capacity cashew processing plants, warehousing facilities and technical assistance he said, and Vietnam is well equipped to fill that need with highly qualified entrepreneurial talent.The situation is ripe for the taking as there are many challenging, tremendous opportunities for enterprising Vietnamese business men and women to investigate and capitalize upon.Investment in the African cashew industry, he said, would bolster its sustainability, help diversify Vietnam agriculture, synergize trade efficiency between the two economies and boost incomes for farmers and other industry stakeholders.


India: No major raw cashew nut consignments reach Kollam

June 21, 2016

Traders refuse to bring stocks owing to slapping of import duty

Even as the annual March-June raw cashew nut season in the West African country of Ivory Coast has drawn to a close, no major raw nut consignment has reached the processing units in the State though processors here had booked consignments by paying huge amounts as advance through Africa-based traders. This has resulted in an acute scarcity of raw nuts in the processing units in the State.Usually processors here book consignments a year ahead of the season in African countries.The amount for the entire quantity required is paid in advance to traders. But when the season commenced, the Kerala-based processors told the traders not to despatch any consignments.

Stocks diverted

The slapping of 10 per cent import duty on raw nuts is cited as the reason for the decision.Almost all consignments meant for Kerala factories have been diverted to Vietnam, the leading cashew processing country now.The processors here who had paid advance ranging from Rs.1 crore to Rs.8 crore find their money stuck with the traders and are not sure whether it will be returned.Now the raw nut season in Guinea Bissau has commenced. Some of the processors have gone to Guinea Bissau to take possession of their consignments and divert them to Vietnam.Guinea Bissau produces about 1.40 lakh tonnes of raw cashew a year and a good majority of it used to reach Kerala.The nuts of Guinea Bissau are in high demand because of the high outturn. An 80 kg Guinea Bissau raw nut bag will give an outturn of 22 kg of kernels on processing.The import duty has come as a big blow to the processors in the State where processing costs are high.They say that the import duty imposed in March has made cashew processing unviable in the State.

Source: www.thehindu.

Currency Review and Outlook 12-18 June, 2016

Currency Review and Outlook

12-18 June, 2016 
Currency Review and Outlook

Table-1:  Forex rates in USD

Indian Rupee (INR)
Euro (EUR)
Japanese Yen (JPY)
Brazilian Real (BRL)
Chinese Yuan (CNY)
Singapore Dollar (SGD)
Tanzanian Shilling (TZS)
Thai Baht (THB)
Mozambique New Metical (MZN)
Vietnam Dong (VND)
Indonesian Rupiah (IDR)
Benin CFA Franc BCEAO (XOF)
Ghanaian New Cedi (GHS)
 Indian Rupee
India rupee last week declined on fears of UK exiting European Union and the referendum on the same is slated for this week. During the weekend, the RBI governor, Mr Raghuram Rajan said that he is not seeking second term and on the way to pursue academics after end of his tenure in early September. This may lead to knee jerk reaction and the forex market is likely to be more volatile.
Indian rupee last week traded in the region of 66.88 and 67.33 and settled the week on a weaker note at 67.08. Rupee may retest the higher resistances of 67.77 and 68.25 levels going forward. At the same time, support remains at 66.50 levels and only below to signal room for appreciation of the rupee.
Brazilian Real
Brazil real gained and settled the week, despite domestic turmoil tourism minister resigned on graft charges, third minister to resign from the government of Acting President Michel Temer. Emerging market assets rebounded from weekly losses as campaigning in Britain’s referendum on European Union membership was suspended for a second day and odds showed a reduced chance of UK leaving the EU.      
Real last week traded in the region of 3.5162 and 3.4129 and settled the week at 3.4163. Real may trade in the broader region of 3.30 and 3.60 levels in the coming weeks.           
Vietnam Dong
Vietnam’s foreign exchange reserves have reached a record high of some US$38 billion, excluding gold, the governor of the State Bank of Vietnam (SBV) said. The governor expected the foreign reserves to increase further and also mentioned about the possibility of rate cuts going forward.
Last week, Vietnamese dong traded in the region of 22,262 and 22,458 and finally settled the week at 22,303. Dong is expected to trade in the region of VND 22,240 and VND 22500 going forward.
Comparative Movement of Currencies in 2016
Vis-à-vis USD in cashew processing regions (Weeks starts from January’ 2016 and value indexed to 100)
Source: Cashew info

Weather Forecast across Major Cashew Growing Regions (June-11 to June-16, 2016)

Weather Forecast across Major Cashew Growing Regions (June-11 to June-16, 2016)

The IMD said that the much awaited monsoon finally arrives in the Indian state of Maharashtra, the top cashew growing state, which was hit by drought in the last two seasons.
According to Met department officials, the monsoon usually arrive Maharashtra through its Konkan coast, but changed course to enter through Vidarbha for the first time in six years. It is expected to extend to the rest of the state, including Mumbai and Pune, over the next 48 hours.
In the cashew growing regions of Konkan and Goa, viz., Pernem, Quepem, Kudal and Malvan witnessed good rainfall during last week in the region of 70 and 100 mm during last week (June 9-15-2016).  
Last week, the monsoon has further advanced in to most of the cashew growing regions of Southern states of India, which includes Kerala, Tamilnadu, most parts of coastal Karnataka, some more parts of South Interior Karnataka, some parts of Coastal Andhra Pradesh.
Good rainfall witnessed in the cashew belt of coastal Karnataka(Udupi, Karkala, Kumta, Karwar, Belthangadi etc.,) to the tune of 10 and 120 mm during last week. Also good rains noticed in the cashew growing districts of Kerala.
In Da Nang, the weather was pretty hot during last week with average max temperature at 37 DC. This week max temp is likely to drop down considerably and forecast for rains during the weekend. Dong Hoi witnessed rains to the tune of 20 mm during last week and more rains are forecasted during this weekend. Phu Quoc received about 50 mm of rains during last week. More rains are forecasted throughout this week and the risk of rains ranges from 55 and 95%. 
In Ho Chi Minh City, weather is likely to be cloudy during this week, with risk of rains as high as 95% during most part of this week. 
In Bondoukou, last week the min and max temp was seen in the region of 22 and 33 DC. This week clear weather is forecasted with 60% probability of rains on Friday (24 June). In Bouake region mixed weather is forecasted, with risk of rains varies in the region of 40 and 60%. Touba received good rains for the second consecutive week. More rains are forecasted throughout this week and max temp forecasted at around 27-28 DC.
In Nigeria the cashew season is about to end and witnessed widespread rains in the major cashew growing states. Abuja received about 40 mm of rainfall during last week and this week the probability of rains on the higher side forecasted on 22 and 23 June. Eket and Lagos received heavy rains during last week, with forecast of more rains during the current week.            
The port city of Cotonou received heavy rainfall of about 150 mm during last week and more rains are forecasted throughout this week, but with lower intensity. Min and Max temperature is forecasted in the region of 25 and 30 DC. Last week Abomey, Natitingou and Parakou received rainfall in the region of 30 and 70 mm. In Parakou weather is forecasted for the current week. Rains are likely towards the weekend.
Abidjan witnessed about 150 mm of rainfall during last week. This week also rains are forecasted with risk of rains seen in the region of 20 and 65%, with high probability of rains on 21 June and 24 June.
Rains in the major ports of Cotonou and Abidjan may lead to more moisture content in the RCN crop, which is stored in the delivery points/warehouses, and to be exported soon.    
In Bissau clear and sunny weather is forecasted during this week, similar conditions prevailed in the last few weeks, which is ideal for the cashew, which is under harvest/about to be exported soon. Min and max temp is forecasted in the region of 24 and 35 DC. But risk of rains varies in the region of 45 and 55% during June 23-24, which is a cause of concern, as it may affect sun drying as well as movement of the harvested crop, which is ready for exports.
Source:,, IMD, Norway Met. Dept.,

Thứ Ba, 21 tháng 6, 2016

USA: Almond Crop Forecast Predicts Growth

11 May 2016

Each May, the USDA’s National Agricultural Statistics Service (NASS) issues the first of two California Almond Forecast reports, the Almond Subjective Forecast.  This report is subjective, as it is based on the opinions of randomly selected almond growers throughout the state who are asked to estimate the total amount of California Almonds that their orchards will produce this year. Those estimates are then combined and extrapolated to arrive at the Almond Subjective Forecast.
Data collection for the report begins in April through a telephone survey. To maintain the accuracy and integrity of the survey, the sample of growers changes from year to year and is grouped by size of operation so there is a balanced representation of growers. During the telephone survey, growers are asked to indicate how many pounds of almonds their trees produced per acre last year and their estimate of how many pounds of almonds their trees will produce this year. The resulting estimate is based entirely on the opinions, of almond growers.
The report also notes any key considerations that could affect the size of the crop. These considerations include factors such as an early and/or fast bloom, pest and disease pressure, water allotments, etc.
On May 10, NASS announced the subjective production forecast for the 2016 California almond crop is 2.0 billion pounds. This forecasted almond crop is 5.8 percent above last year's production of 1.89 billion pounds. Forecasted bearing acreage for 2016 is 900,000.
California Almond Objective Measurement Forecast
Two months following the grower-estimated Almond Subjective Forecast report, the Objective Measurement Forecast is announced. Typically, this report is the more accurate of the two reports, as a more statistically rigorous methodology is used during sampling. Rather than a phone survey, the data in this report is based on actual almond counts and measurements taken in orchards throughout the state. Sampling usually begins in late May and follows the process below:
  1. Statistically random orchard blocks representing the population are used.
  2. Two trees per orchard are selected using a random number table and trunks and limbs are measured.
  3. Starting at the base of the tree, a random selection process tells the team which branch of the tree to start counting almonds. At each further fork in the branch, the random selection process continues, directing the team further up the tree, counting each almond on the branch as they go and picking every fifth nut.  Once the team reaches the last part of the branch, called the terminal branch, the nuts on the terminal branch are picked and counted. A sample of both intermediate and terminal nuts are sent to a lab where the kernel weight, length, width, thickness and grade are measured.
Samples for the Objective Measurement are very specific, taking into account almond variety, location of orchard, and age of the trees. The research model is ultimately designed to provide a forecast of all almond production in California. However, models do not forecast production by specific almond variety.
The 2016 California Almond Objective Measurement Forecast will be released July 6, 2016 at 12:00 p.m. PST.  Both the subjective and objective measurements are conducted by USDA and funded by Almond Board of California.
Source: Almond Board of California, USA

CalDak Nuts - June Market Insights

15 June 2016

Chandler material is all but sold out from California. Chile is in dire straights on light material due to the torrential rain they've experienced. It looks like new crop material will be the only light material to book as this season moves forward. The crop size in California is looking very promising with many growers reporting a 12 - 15% increase in volume on their orchards. It still remains to be seen what the average nut size will be, if it will be larger or smaller on average than 2015 and what the average meat yields might be compared to last year. Some suppliers are making tentative offers in the USD $1.35 - $1.45/lbs FAS range for chandler inshell currently with the hope that this year we will see a more reserved opening to the season's prices followed by a steady demand curve that supports a slowly rising price throughout the season. If this works, we will hopefully avoid the mass defaults we saw in the market this year due to artificially high opening demand/prices. (Position Report Linked below...)
Last Friday's position report, which you can find below, showed strong shipment numbers for the month of May, stronger than expected. This is good news for the almond market as prices are likely to remain stable as we cycle through what is left of the 2015 crop. NPX Material is out there but offers are slow to it due to suppliers looking for a slight price increase or due to low material levels left for quality NPX? Hard to say, but we have seen almonds prices rise about USD $0.03 - $0.05/lbs over this past week for current crop offers. Some suppliers are offering new crop, but these offers are currently limited as many suppliers want to see what their inventories of current crop look like over the coming months in addition to how new crop is progressing in the orchards. Look for more offers after July and the objective almond estimate. (Position Report Linked below...)
Cashews have seen some trouble with raw nut coming out of west africa to shippers in Vietnam that have pushed prices up and created some delays and defaults on contracts. Despite this, cashews remain strong out of vietnam with W320 reportedly traded at USD $3.88-3.90/lbs FOB HCMC from Medium packers and $3.95/lbs paid to top quality packers. Some packers are looking for prices as high as $4.00 for W320 for July with no buyers currently. W240 has been offered at $4.05/lbs and WS at $3.25, LP $3.12/lbs with no buyers. W450 was bid at $3.80, packers have countered with $3.85 but no sales done at either level recently. We currently have offers on W240, WS and LP for prompt shipment and through July if there is interest, bids and comments are invited!
Californian raisin pricing remains steady, albeit a bit higher in price but with known quality. We are also seeing some offers slightly lower this week than the past few depending on the packer, the destination, and volumes. Please let us know if you are looking for any Thompson Selects or Midgets at the moment for current offers. 
We are working very closely with our South African partners to bring you both a BRC approved product and a great price. If you are looking for high quality inshell or pecan kernels to cover prior to the US' new crop, please reach out as there is limited supply and much of the inshell has already been spoken for. We are very excited about this new opportunity for ourselves and our clients though as being able to offer two seasons of high quality pecans is proving to be tremendously helpful to those customers who have found sourcing pecans this year to be difficult.  
Peaches and Pairs
We also have some very competetive offers on choice and standard grade dried peaches and dried pears from South Africa if there is any interest in this fruit. Both the peaches and pairs are treated with S02, but well under 2,000 ppms and are ripe for export to the EU and beyond. Let us know if you have any inquiries on these fruits as right now there is a small surplus of this fruit available for a limited time from South Afirca's largest dried fruit exporter. 

Erik Anderson - Business Development
Source: CalDak International LLC

INC: Summary of Meetings and Ad-hoc Working Groups in San Diego

June 20, 2016

INC’s Committees and Ad-hoc working groups met in the frame of the XXXV World Nut and Dried Fruit Congress. It was an excellent opportunity to assess plans, review projects, keep updated on the latest news and make decisions.
Executive Committee
The INC Executive Committee met in San Diego on May 29, 2016, to review the Foundation financial status and budget, as well as current and future projects, namely the formation of the INC Academia,  the follow up of the Annual Communication Plan, INC participation in international exhibitions and the results of the 2016 Calls for Research and Dissemination Projects. In addition, the members of the Executive Committee discussed a proposal for an INC Membership Integrity Committee, the objective of which will be to establish a code of conduct for the members of the INC to halt the rise of contract defaults in international trade. Finally, the Committee reviewed the program of activities in San Diego and evaluated site proposals for future INC Congresses.
Board of Trustees
The Board of Trustees met after the Executive Committee and discussed budgetary and strategic plans. Board members reviewed the Strategic Plan of Actions, the INC Membership Integrity Forum, the Report of Activities by the Secretariat, the Ambassadors Committee, the Scientific and Government Affairs Committee, the Statistics Committee, the World Forum for Nutrition Research and Dissemination, the Global Cashew Council and the Macadamia Working Group. To conclude, the Board was updated on the  preparations for the INC 2017 Congress in Chennai, India, and ratified Seville, Spain, as the Congress site for 2018.
Scientific and Government Affairs Committee Meeting
On Monday, 30 May, the members of the Scientific and Government Affairs Committee met to review the activities conducted by the Committee over the last year and discuss the most relevant topics of concern. Chaired by Mr. Pino Calcagni, INC Vice Chairman and Chairman of the Scientific and Government Affair Committee, the Committee discussed issues such as fosetyl-Al, chlorpyrifos, microbiological food safety, bitter raw apricot kernels, INC activity within different Codex Alimentarius Committees, INC cooperation with the U.N. Economic Commission for Europe (UNECE) and the U.S. Food Safety Modernization Act.
World Forum for Nutrition Research and Dissemination
The Evaluating Committee of the INC World Forum for Nutrition Research and Dissemination met on Monday, 30 May, to review the activities of the Committee and to plan for next year’s program. Chaired by Prof. Jordi Salas-Salvadó, Chairman of the Forum, the Committee discussed the preparations for a second Call for Research Projects before the end of the year, as well as advertising options to spread the Call as widely as possible, and participation in international conferences for nutrition and health professionals. As for next year’s INC Award for Excellence in Research, the Committee will review the list of candidates in the coming weeks.
Statistics Committee Meeting
The INC Statistics Committee Meeting took place on Tuesday, May 31. Chaired by Mr. Pino Calcagni, INC Vice Chairman and Chairman of the Statistics Committee, over 40 industry experts from 15 countries reviewed the program of activities of the Committee and discussed the plan of action for the coming year. The annual publication “Global Statistical Review”, the world map of trade flows and the online Database were some of the activities that were reviewed and discussed. Special emphasis was given to the need of collecting reliable data and expanding the range of statistical information (plantations, varieties…), all in all to help better understand the state of the nut and dried fruit industry.
Ambassadors Committee Meeting
The P.R. Membership and Ambassadors Committee meeting took place on Wednesday, June 1st. Chaired by Mr. Stephen Meltzer, ambassadors from more than 30 countries reviewed the activities of the group towards the promotion of nuts and dried fruits in their respective countries. INC marketing promotional materials were requested by ambassadors so as to disseminate the benefits of INC membership, get new members and encourage companies to attend Chennai 2017 Congress. In addition, Ms. Goretti Guasch, INC Executive Director, reported on the current membership state.
Global Inter-Board Cooperation Summit
Chaired by Mr. Antonio Pont, INC Honorary President, the annual meeting of the Global Inter-Board Cooperation Summit was held on Tuesday, 31 May. Over 60 delegates from 15 countries learnt from the national and regional associations of nuts and dried fruits about the projects and activities related to the promotion of nuts and dried fruits around the world. 15 experts from 15 organizations exchanged views and ideas on specific promotion and communication strategies. In addition, INC Executive Director Ms. Goretti Guasch presented INC’s Dissemination Program –a global promotional initiative aimed at encouraging the use of nuts and dried fruits and build consumer demand. All presentations are available here.
Global Cashew Council
On 31 May, the Board of the Global Cashew Council (GCC) met in San Diego to review the 2012-2017 budget and contributions, and to discuss current activities and future projects. Chaired by Mr. Arie Endendijk, the members of the Board discussed the terms of the GCC Organization Manual and membership structure. In addition, the Board took note of on-going research on the health benefits of cashews, all in all focused at substantiating health claims. To conclude, INC Executive Director Ms. Goretti Guasch presented a proposal for a new communication plan for the promotion of cashew nut consumption around the globe.
Macadamia Working Group
The Macadamia Working Group met in San Diego, within the frame of the World Nut and Dried Fruit Congress, to review and discuss the activities of the group. Over 30 industry experts from the macadamia producing regions shared ideas in regard to the collection of crop data for the analysis of the sector at international level; the latest news about the Global Macadamia Health Project and upcoming call for research proposals, as well as the publication of a Macadamia Technical Information Kit that intends to provide a basic understanding of using macadamias and targets buyers, importers, processors, manufacturers and the food service industry in general.