Cashew Kernel Price Today

Cashew Kernel Price Today, July 21, 2017

W240: 5.20-5.25; W320: 5.05-5.15;

W450/ SW320/ LBW: 4.9-4.95;

DW: 4.5-4.6; WS/WB: 4.35-4.6;

LP: 3.75-3.85 (SP: Limited)

(Unit: USD/ Lb FOB HCMC/ Flexi packs)

Note: The above selling prices for non-Chinese markets/ Prompt shipment.

Thứ Tư, 31 tháng 8, 2016

Tanzania: Cashew nut co-ops hit by Sh30bn scam

31/08/2016




  • The cooperatives were fingered in a revealing Prevention and Combating of Corruption Bureau (PCCB) 2015/16 report released at the just-ended cashew nut stakeholders’ meeting in Bagamoyo.
Cashew nut farmers in Mbekenyera Village,

By Mary Sanyiwa, @TheCitizenTz news@tz.nationmedia.com
Source: http://www.thecitizen.co.tz/News/Cashew-nut-co-ops-hit-by-Sh30bn-scam/1840340-3363784-format-xhtml-4smup6z/index.html

Thứ Hai, 29 tháng 8, 2016

India: Kerala Minister asks State to constitute minimum wages board

29 August 2016

Kerala Minister for Fisheries, Cashew Industry and Harbour Engineering and CITU vice-president J. Mercykutty Amma on Sunday said Andhra Pradesh should constitute a board for revision of minimum wages for the workers.

During her visit to CITU office here, she told reporters that Kerala was successfully revising minimum wages for the workers engaged in 83 scheduled industries by constituting a board.

She said for instance, the minimum wage for cashew workers in Kerala was Rs.400 to Rs.450 per day (all inclusive) whereas in AP it was Rs.165 plus DA (around Rs.215).

“We also give pension to all at Rs.1,000 per month and offer ESI and Provident Fund facilities to all categories of workers.

Ms. Amma, who was here to interact with industrial workers to make general strike on September 2 a success, during her visit to CITU office near Jagadamba junction paid rich tributes to two youth, who were killed in police firing at Basheerbagh during anti-power tariff hike agitation in Hyderabad 16 years ago.

She later released a booklet brought out by CITU on the struggle undertaken by the workers of Brandix India Apparel City.

Ms. Amma said the benefits being given by Kerala government were availed by 43 lakh workers belonging to organised and unorganised sector.

She said they were implementing the best Public Distribution System by supplying 13 items including rice and pulses to the poor. Rice is given at Rs.4 per kg. The government is spending over Rs.1,000 crore on the subsidised rice scheme.

The Minister said Kerala also had set up a board for migrant workers to take care of their requirements. She said minimum wages were being revised once in every three years.

On the general strike, she said the working class of the country had decided to fight against the anti-people policies of the NDA government. The strike should be made successful to provide better working conditions and social security for the workers deployed in organised and unorganised sector.

CITU State president Ch. Narsinga Rao, district general secretary S. Ramesh and city treasurer S. Jyothiswara Rao were present.

Source: http://www.thehindu.com/news/cities/Visakhapatnam/kerala-minister-asks-state-to-constitute-minimum-wages-board/article9043228.ece

Vietnam: Imports of raw cashew nuts jump high

August 19, 2016


Vinacas has quoted latest statistics from the General Department of Vietnam Customs as saying that Vietnam imported 158,300 tons of raw cashew nuts worth US$231.3 million in June, up 56.5% in volume and 59.2% in value compared to the previous month. Earlier in May, the country bought 101,300 tons.
Totally, 403,600 tons of raw cashew nuts were imported in the first half of this year, which cost more than US$602 million, down 7.5% in volume but up 9% in value.
Most raw cashew nuts were imported from Ivory Coast, Cambodia and Indonesia, of which Ivory Coast made up 35.7% with 144,000 tons worth US$211.8 million.
Cambodia came second with 75,200 tons worth US$111.5 million and Indonesia ranked third with 25,300 tons at the value of US$40.8 million.
Source: https://www.vietmaz.com/2016/08/imports-of-raw-cashew-nuts-jump-high/

Tanzania: MP protests cashew nut prices announced by board

29 August 2016





Source: http://www.thecitizen.co.tz/News/-MP-protests-cashew-nut-prices-announced-by-board/1840340-3361300-format-xhtml-10k10lmz/index.html

India: Kerala mulling land on lease in State for cashew crop

Monday, August 29, 2016




The Kerala Government is contemplating acquiring 50,000 hectares in Andhra Pradesh to raise cashew crop. If the A.P. Government agrees to give land on lease, the cultivation will be taken up by the Kerala Agency for Expansion of Cashew Cultivation (KSACC). The autonomous agency was set up in 2007 with headquarters in Kollam to explore taking up cultivation in more area following migration of several cashew farmers to rubber crop.

The lease issue will figure during a meeting of the Kerala Minister for Fisheries, Cashew Industry and Harbour Engineering J. Mercykutty Amma with A.P. Agriculture Minister Prathipati Pulla Rao in Vijayawada on Monday.

Ms. Amma, who is on a visit to Visakhapatnam to interact with industrial and cashew workers to seek support for the September 2 general strike, told The Hindu on Sunday that she would make a formal proposal during the talks for sanction of 99-year lease. Asked whether they had made any study or zeroed in on any place for cultivating cashew, she said they were yet to make a specific study. “Whatever, our workers are known for their superior skills in cashew cultivation and processing. As of now, we want to take land on lease near Rajamahendravaram area.”

The Minister said once the A.P. Government evinced interest a high-level team would be sent for preparing a detailed project report.

Flight of units


The Minister said that due to payment of high wages to cashew workers over 100 units had migrated to Andhra Pradesh. During the talks with Mr. Pulla Rao, she said she would request the A.P. Government to revise minimum wages on the lines of Kerala. Presently, Kerala is producing 75,000 tonne of cashew crop. “Land has become a big problem for us. Hence, we are looking at exploring various alternatives,” she said.

Source: Hindu business line.

Chủ Nhật, 28 tháng 8, 2016

Nigeria: Oyewole: Cashew is one of strategic products to replace oil

By Gbenga Salau   |   28 August 2016   |   3:21 am

Managing Director/CEO, oAfrican Cashew Alliance (ACA), Dr. Babafemi Oyewole

Managing Director/CEO, oAfrican Cashew Alliance (ACA), Dr. Babafemi Oyewole
Currently Employs 500-700 Factory Workers, Yields $250m Yearly
Managing Director/CEO of the African Cashew Alliance (ACA), Dr. Babafemi Oyewole, in this chat with GBENGA SALAU, spoke on the potentials in the cashew sector of the agro allied industry in Nigeria and how it could be one of the ways to diversify the economy.
Why do you think government should support the cashew initiative?
Current global market trends show a growing demand for cashew. There is great potential and opportunity for cashew-driven national economic growth, development, and employment creation, as well as better income for rural farmers.
Under the Federal Government of Nigeria’s “Transformation Agenda,” the government has committed to a policy of economic diversification. To that effect, NEPC identified 13 National Strategic Export Products, targeted at replacing crude oil. Cashew, as one of the five identified strategic agro-industrial products, has, therefore, become a priority of the Nigerian government.
The cashew industry currently employs between 500-700,000 people, factory workers are about 2,000 formal and 1,000 informal. 90 per cent of those employed are women, 40-60 per cent are youth. The cashew sector has the potential to provide livelihood and jobs for thousands more if adequate policies and programmes are in place to support its development in the country.
What are the definite supports that should be provided for cashew farmers in Nigeria?
There is a need to address current issues, including: High felling rate of old cashew trees without replacement with new, higher yielding varieties; Inability to develop and fully process cashew by-products (cashew apples for prunes, juice, wine, and pulp; cashew nut shell liquid (CNSL) which can be used in the manufacturing of paints, varnishes, resins and brake linings; and the shell used as processing fuel); Subpar cashew peeling techniques, which lead to discounted prices on the international market; The poor handling and export packaging responsible for high rates of rejection of cashew exports. The government has been asked to grant National Cashew Association of Nigeria (NCAN) a 100 percent duty waiver on jute bags imports.
There is also a need to address the issue of Poor quality cashew exports, leading to a significant loss of export earnings. Raw Cashew Nut (RCN) are often denied access to international markets due to lack of quality control and certification caused by inadequate accreditation. The ACA Seal – an industry-accepted mark that confirms compliance with internationally-recognized standards of quality, food safety and social and labor standards – would increase market access for Nigerian cashew processors if they are certified; Insufficient investment in local cashew processing leading the exporting of over 90 per cent of the crop as RCN. NCAN has urged the government to set aside $53million for a cashew intervention fund to expand local cashew processing and the need for a more transparent market and regulated prices for the crop, possibly through the establishment of a National Cashew Marketing Board that will be responsible for the regulation of the industry.
What is the potential contribution of cashew sector to Nigeria’s GDP?
The cashew sector currently contributes approximately $250million to the Nigerian economy each year, with over 300,000 families depending on cashews for their livelihood. The average production growth during the last five years has been 11,300 MT/year and the expected average production growth in the next five years is 13,500 MT/year – one of the highest expected growth rates in Africa. Cashew export is the third largest agricultural export foreign exchange earner for Nigeria. About $110 million was earned for cashew exports in 2013, representing about eight per cent of all agricultural exports.
The potential revenue generated by increased value added processing is tremendous. In 2002, a USAID study estimated that an increase of 20 percent from Nigeria’s current processing level would create more than 344,000 new jobs and additional income of over $75million. Current estimates of these indicators would be much more higher today. Current consumption is low, but if just 20 per cent of Nigerians eat more cashews – they will consume all the cashews produced in Africa. The market potential is huge. With more support, cashew could be the number one cash crop in Nigeria soon and make the country a leading producer in the continent and globally.
How could farmers better access finance to grow their business and what role government could play in this?
The lack of adequate working capital for farmers, local buying agents, exporters, and processors is hampering the development of the industry. ACA has sought to assist in increasing the bankability of cashew processors through linkages with financial institutions. One way we are doing this is through the recent workshop where we launched the “Linking Cashew Value Chain to Financial Institutions Initiative”. Without access to the vital credit and working capital necessary to purchase RCN, the long-term potentials of the African cashew processing industry would not be realised.
Classical financial institutions do not fully understand agricultural value chains, particularly cashew. Poor finance intermediation by financial institutions has lead to inadequate access to finance for farmers to rehabilitate and replant their ageing farms. Mismatched expectations have created a need for greater mutual understanding between the agricultural and banking sectors.
Greater access to finance is critical to the strength and sustainability of a thriving cashew value chain. Nigerian farmers need capital to ensure the long-term sustainability of their trees and procure new varieties that will significantly improve yields. Additionally, far too much of African cashew production is exported outside of the continent. As cashew processing is a capital intensive and technology sensitive industry, better access to finance and increased incentives for investment is essential for local value addition through processing.
Processing of cashew would ensure the country and cashew stakeholders enjoy the impact of the value chain in cashew, what policy framework should be put in place by government to drive this?
ACA applauds the Cashew Sector Development Strategy prepared by the Nigerian cashew stakeholders with the support of the USAID NEXTT and NEPC. This strategy includes the following holistic policy framework: Farm-Level Support: Quality support at the farm-level is necessary, particularly to ensure the proper procedure for drying and packing, which will ensure the highest quality and price, as farmer-processor-exporter meetings help to clarify quality standards required.
Quality and Technical Capacity Building: Provide capacity building for processing companies on food safety, quality assurance and other technical issues through ACA Seal approval and trainings; Market Development and Promotion: Provide linkages for exporters with overseas markets through RCN buyer-supplier meetings, trade shows, and strategic alliances with buyer associations.
Processing-Export Incentives: Incentive support for the cashew industry through advocacy, best policy practices, and a public-private sector working group and Market Information: Trade information and statistic generation and production of relevant market intelligence reports, including market information and statistical materials for relevant stakeholders. ACA has been providing market information system to its members and other stakeholders through its weekly and monthly market reports to give a better understanding of the industry.
The current Investment incentives are tax breaks from Nigerian Investment Promotion Centre; Export development fund from NEPC and Export Expansion Grant under review. Yet, Nigerian processors still struggle with many issues, including: the high average cost of processing cashew owing to issues with electricity supply, high cost of diesel, and costs of running generators, and inadequate tax rates, including multiple taxation, low incentives for processing, and high rates on bank facilities. The government should aim at strengthening existing cashew investment incentives and create new policies that will deliberately reduce the cost of processing and help attract more investment in the sector. Nigeria can learn a lot from the experience of Cote d’Ivoire, the largest cashew producer in Africa, which has recently undertaken far reaching reforms and incentives to promote the cashew industry.
Does Nigeria have the potential to be the highest supplier of cashew in the world and how can that be achieved?
Yes – Africa grows approximately 57 per cent of the world’s cashew and Nigeria is the third largest producer in Africa with an estimated output of about 170,000 MT annually. A 2001 survey of cashew producing areas in Nigeria revealed that less than 20 per cent of available lands are under cultivation. By increasing land area with high yielding and good quality cashew trees, Nigeria has the potential to become the world’s largest producer of RCN. NCAN is implementing a program for rejuvenating cashew plantations and increasing the area of land under cashew production in Nigeria, particularly as Nigerian cashew trees are aging. It costs N10billion to plant 350 million new trees, which would yield N100million and millions of new jobs. This could provide much needed jobs and economic activity.
Source: http://guardian.ng/business-services/oyewole-cashew-is-one-of-strategic-products-to-replace-oil/

Nigeria behind other African countries in Cashew production

By  Lawrence Njoku, Enugu   |   28 August 2016   |   2:29 am



Government’s Neglect Responsible For State Of The Sector
One area that Udi and Ezeagu local government areas of Enugu State excelled before now was in the cultivation and production of cashew nuts and fruits.
Cashew production in these areas became so popular that the then Anambra State government established the Premier Cashew Industry in Oghe, Ezeagu council.
Apart from the two local governments, areas like Nsukka, Udenu and parts of Oji River also produced cashew in large quantity. Sources said it became one of the revenue yielding sources of the state as it was exported to other states, as well as consumed locally.
All these have presently given way, despite the existence of huge cashew plantations in the state. The Premier Cashew industry, the outfit that processed the products for sale went moribund few years after the creation of the state and has remained so till date.
It was gathered that bad management, struggle for power and positions among the workers and alleged government’s neglect due to the discovery of oil as a major source of revenue to the state from the Federal Government contributed to the ugly state of the industry. The outcome of the factors was the collapse of the industry, even as men of the underworld made away with some facilities at the place.
While some of the areas serving as cashew plantation before now are being encroached upon and turned into other uses, residents still on their own harvest the products for sale and other domestic use.
It is a common sight while travelling in most communities in the state to see ripened and decomposing cashew fruits litter here and there, while those brought for sale are hardly sold at reasonable prices.
In an interview with The Guardian, the state commissioner for agriculture, Mike Eneh blamed the development on bad government policies. He stated that the state had no reason to be poor or complain about lack of funds should the agricultural potentials be properly harnessed.
He stated however, that with the economic downturn state governments are now looking into agriculture as alternative to boost their revenues.
He said, “Enugu State is not left out in this quest because, we have no choice than to look inwards and showcase what we have to enable us earn revenue to develop other sources. We are investing heavily on every segment of agriculture – poultry, piggery, Pineapple, Cassava, rice, cocoyam, plantain production, bees and honey and what have you. We are looking at it as a value chain because we have arable land for all these”.
Enugu State according to him is the home of cashew and produces one of the best cashews of export value.
He said government has moribund cashew plantations at different locations in the state, covering over 2000 hectares of land.
“New cashew plantations covering over 600,000 hectares are also being proposed for investments in six local governments, in partnership with the World Bank Commercial Agriculture Development Project. Prospective investors are therefore invited to take advantage of these potentials available in the state,” he said.
He added; “While reviving other areas of agriculture, the state government is interested in cashew production because we remain number one in that area.
“The state government approved a new agricultural policy framework to encourage and attract foreign investments. The vision of the policy is to transform the sector into an industrialised sector that drives income growth, accelerate food and nutrition security, generate employment and transform state into a leading player in global food market to grow wealth for its farmers.”
A lecturer in the department of agriculture, Dr. Aham Okonkwo said from what he has observed, it was possible that government was desirous in agriculture.
He however, faulted the framework as not “only too elitist” but also difficult to attain. “Now we are talking about cashew; do you need to go far to see that what we require is processing? Why would government not make friendly policies that would enable the youths engage in the production of cashew? You don’t need to ask them to continue to pay for hiring services, when indeed you could train them and empower them with the agricultural facilities. So I find it funny.
“Again, the style of governance we have adopted is such that private people should come and own land and develop into agriculture without further assistance from government, it does not show seriousness as far as I’m concerned. Let there be a leaf from government for people to borrow from,” he added.
Source: http://guardian.ng/sunday-magazine/nigeria-behind-other-african-countries-in-cashew-production/

Nigeria: Cashew production still very low

By Nnamdi Akpa, Abakaliki   |   28 August 2016   |   2:32 am



Cashew, though not majorly cultivated in Ebonyi State, it is consumed by many.
Check by The Guardian revealed that almost all households consume cashew, yet there is no cashew farm in the state, apart from those planted in neighbourhoods, sometimes to beautify their environment. What is planted is thus not for commercial purpose, but for consumption.
Those who deal in cashew product find it difficult to operate fully because they bring the commodity from other states, thereby making the price a bit high. A bottle of prepared cashew nut goes for between N2, 000 and N2, 500.
A trader Mrs. Ngozi Onuma, attributed the high cost to the difficulties in getting the product from other states, coupled with the high cost of transportation, adding that the price would have been cheaper if cashew is grown in the state.
A farmer who identified himself as Chidi Nwaiboko, said cashew cultivation is not popular in the state, because farmers see it as long term crop, since it will take up to several months or years before the first harvest.
According to him, rice, maize, cassava are most popular crops cultivated, adding that most of the tree crops or fruits like cashew, mango, pawpaw, orange, palm and guava grown in the state, are mostly for consumption and at times very little for commercial purposes.
Another farmer, Mr. Chukwu Ude, who blamed the situation on government’s neglect, wondered why cashew, one of the essential cash crops that provide foreign exchange is popularised, stressing that if attention is paid to cashew plantation, it will not only provide job opportunities, but also generate revenue for government.
He said; “We have virgin land in this state that has not been used over the years, such land can be devoted to cashew production, cashew nuts is an export commodity, which I know provides both employment and revenue for the people and government.
Speaking on the development, the state commissioner of Agriculture, Barr. Uchenna Orji said though cashew production is essential, “but right now the state is focusing more on rice production.”
He noted that apart from rice production the ministry is also cultivating maize and cassava, adding that every essential material needed by farmers for the programme to succeed have been provided.
Source: http://guardian.ng/sunday-magazine/cashew-production-still-very-low/

Nigeria: Cashew potentials under-utilised

28th August 2016

Aside the agricultural potentials in palm oil and cocoa, Ondo State has a greater potential in cashew production, with its availability in all the 3,296 communities in the 18 council areas of the state.
According to a Kenyan-based firm, Export Trading Company’s recent report, Africa produces 95 per cent of high value cashew, with approximately two million African smallholders from Tanzania, Mozambique, Guinea-Bissau, Ivory Coast and Nigeria being responsible for 48 per cent of the world’s total output, estimated at 1,400,000 metric tonnes in 2014.
As officially declared by the State Bureau of Statistics, the 2010 Community Development Statistics Survey emphasised that six local government areas of Ondo State produce cashew as major market product, and have the capacity for export trade.
In the north district, Owo local government has 423 communities that produce cashew in export capacity; Akoko North East has nine communities and Akoko North West-42 communities, all doing fairly well in cashew production.
In the South, only Odigbo local government has it as a major market product at over 85 per cent in its 302 communities, while Akure North local government with 146 communities has export capacity.
The Chairman of Ondo State Agricultural Commodities Association, OSACA, Mr. Akinola Olotu affirmed that “the economic importance of cashew is tremendous, most especially in third-world countries like Cote d’Ivoire, Ghana, India, Brazil, Nigeria and Tanzania, among others.”
While listing its importance, he said “cashew cultivation is equally good in terms of environmental factor; cashew trees also help in creating mini forest-like atmosphere, reduces erosion and provide wood-lots for domestic use.
“It is a source of food, income, industrial raw materials and a foreign exchange earner. As at 2015, the trading export worth of the crop is said to be $160million.” He said the farther the country is away from agriculture, the deeper it will plunge into insecurity.
According to him, commercial production in Nigeria dates back to over half a century, noting that mention must be made of the great effort made by the Chief Obafemi Awolowo’s administration in the defunct Western Region to promote the cashew cultivation, which led to the establishment of the plantation in some locations of the region.
However, he stated that in recent years, exotic varieties were brought to the country from Brazil in particular, disclosing that the Brazilian type has bigger nut and commands higher price in the international market.
“Nevertheless, we have some local breeds that are doing well in Nigeria in terms of yield and quality. Cocoa Research Institute, Ibadan has done a lot in this regard,” he said.
The OSACA chairman posited that in the face of the dwindling revenue occasioned by the poor fossil fuel price, coupled with low production level, cashew production and processing is a way out of the economic predicament.
Source: http://www.dailynigerianews.com/2016/08/28/cashew-potentials-under-utilised/

Thứ Bảy, 27 tháng 8, 2016

India: Haldiram's salted cashew, peas fail state's FDA test

27/08/2016



RAIPUR: Chhattisgarh food and drugs department have found two products of Haldiram's- country's leading sweet and snacks brand - with mould infestation and unfit for consumption as per Food Safety and Standard Act, 2006.




Sample of salted kaju (cashew) and chatapata matar (salted peas) were sent to food and drug administration department by two individuals in the state capital earlier this month.



Food analyst SS Tomar told TOI, "Based on complaints of the consumers, the department collected and tested the samples of Haldiram's salted kaju and chatpata matar which were manufactured at their unit in Nagpur. During the test we found mould infestation in some of the cashew kernels and the peas were partially weevilled and coloured."



The department also found that there was no mention of 'batch number or packed on date' on the packet of Haldiram's chatpata matar.The cashew kernels had fungus which could be harmful for body while the peas were weevilled and coloured to make it look attractive.

Source: http://timesofindia.indiatimes.com/city/raipur/Haldirams-salted-cashew-peas-fail-states-FDA-test/articleshow/53882655.cms?from=mdr

Thứ Sáu, 26 tháng 8, 2016

India: Pre-Onam Demand in Pieces


Thu Aug 25, 2016




North Indian Buyers are trying to accumulate splits and pieces in large quantity as Onam festival is approaching in Kerala. They anticipate huge demand for cashew pieces during the Vinayaka and Navarathri festivals. However, supply from Kerala always falls during the Onam season.

Some imports may arrive from Vietnam but even Vietnam can not fulfill the Indian demand as they have already exported their build up stocks to China.

Source: http://worldcashew.com/

Bissau to host ACA 10th Annual World Cashew Festival & Expo 2016

(Thursday August 25th, 2016 Issue)

Guinea-Bissau, the second largest producer of cashews on the continent, will this year host the Africa Cashew Alliance (ACA) 10th Annual World Cashew Festival & Expo 2016.
This was revealed by the Managing Director and CEO of African Cashew Alliance, Dr Babafemi Oyewole, at a press conference held at the Kairaba Beach Hotel in Senegambia on Tuesday 23 August 2016.
According to him, the high-level convergence will run from 19 to 22 September 2016 in Bissau at the Ledger Hotel and Conference Centre.
He said the ACA conference is consistently the world’s largest cashew event, bringing together a diverse array of cashew industry stakeholders from across the globe.
The event will bring together farmers, traders, processors, exporters, equipment manufacturers, service  providers, policy makers, and government officials, to network and discuss the latest  industry trends, developments, opportunities and challenges.
Dr Oyewole also stated that the World Cashew Festival and Expo 2016 will be held in partnership with the government of Guinea-Bissau, the National Agency for Cashew (ANCA) overseeing cashew-related policies in Guinea-Bissau, as well as a World Bank project focusing on private sector rehabilitation in the cashew industry.
He added that the festival serves as a unique opportunity for African and international stakeholders to converge and exchange ideas on the African cashew industry, which is growing approximately 50 per cent of the world cashew supply.
He said Africa is the largest regional producer of cashew; therefore, a vital importance to a healthy and productive global value chain.
The conference theme is: “A Decade of Transformation”, and it will focus on major developments in the cashew sector over the past ten years and the future evolution of the industry.
The ACA was formed in Guinea-Bissau in 2006, and will celebrate its 10th anniversary during the conference to reflect upon the progress of the African cashew industry, from training to processing to international trade and competitiveness.
The four-day programme will engage local and international stakeholders in the industry that have contributed, and are committed to the success and challenges within the past 10 years of the African cashew industry.
According to ACA CEO, Guinea-Bissau is an ideal venue for the 10th anniversary of this important global event.
Not only was ACA formed out of the interest of international stakeholders 10 years ago, but the country represents the tremendous potential for growth for the cashew value chain in Africa, he stated.
Presently Guinea-Bissau is the second largest producer of cashew on the continent, and in 2005, Guinea- Bissau produced approximately 200,000 metric tonnes of raw cashews nuts, ranking as the fifth largest producer worldwide.
The press conference was an opportunity for ACA to invite all the stakeholders in the cashew industry internationally, particularly in Guinea-Bissau to participate in this global event aimed at promoting the cashew value chain worldwide.
Dr Oyewole gave the background of the ACA, saying it was established in 2006 as an association of African and international businesses devoted to promoting a globally competitive African Cashew Alliance industry.
Currently, more than 125 member companies work with the ACA banner and represent all aspects of the cashew value chain, including producers, processors, traders, exporters and buyers.
Author: Abdoulie Nyockeh
Source: Picture: ACA MD/CEO Dr BABAFEMI .O Oyewole

Thứ Năm, 25 tháng 8, 2016

India: Guinea Bissau, Togo, and Chad added under list of Least Developed Countries (LDCs)

25 August 2016



Source: Cashew info

ACA holds sub-regional seminar in Banjul


August 24, 2016



The 2nd edition of the sub-regional training seminar of the Cashew Processing and Marketing Information System opened yesterday at the Kairaba Beach Hotel. Organised by the African Cashew Alliance (ACA), the two-day seminar brought together participants from Senegal, Guinea-Bissau and The Gambia.

In his welcome remarks, the president of the Cashew Alliance of The Gambia, Momodou A. Ceesay, who is also the Managing Director of Gambia Horticultural Enterprise, said the Cashew Alliance of The Gambia (CAG) is a national association of all cashew stakeholders including farmers, processors, traders, government officers and exporters. It was registered as a non-profit organization, and is the apex body for the cashew industry that would further the interest of the cashew sector in The Gambia, he said.

He said the CAG also represents the interest of the African Cashew Alliance in the country. According to him, the seminar seeks to address important aspects of the cashew value chain, specifically cashew processing management and marketing information systems. It would, hopefully, empower the participants to better manage their cashew businesses and make it more competitive in the international markets, he added.

He said it would also give the participants the opportunity to network, exchange ideas and experiences, and learn the latest production and processing technologies, as well as market information systems.

He revealed that of the more than 700,000 tonnes of raw cashew nuts produced in Africa, only about 20 per cent is processed and the rest are exported as raw cashew nuts. In The Gambia, Mr Ceesay said, less than 1 per cent of the total raw produce are processed locally, hence the need to intensify the processing of cashew in Africa.

Also speaking at the seminar was the Managing Director and CEO of African Cashew Alliance (ACA), DrBabafemi 0. Oyewole, who said with the support of the USAID West Africa Trade and Investment HUB, ACAassembled participants from four countries - The Gambia, Guinea-Bissau, Guinea Conakry and Senegal - for an intensive capacity building seminar.

He said the objective of the training seminar is to bolster the competiveness of cashew business, thereby reinforcing the sustainable economic development of the industry in Africa.

“This is in line with the vision of the ACA to promote a globally competitive African cashew industry that benefits the value chain from farmers to consumers.”

According to Oyewole, the market information system aspect of the training seminar would focus on essential skills, and knowledge needed to interpret and understand the global cashew market.

He said that over the past ten years, the African Cashew Alliance has sought to not only improve the competitiveness and sustainability of the African cashew industry, but also increase the processing of cashews on the continent.

He added that their objective is to facilitate the development of an industry that benefits the entire value chain, from farmer to consumers.

To achieve this, he added, ACA focuses on sharing information and best practices among all stakeholders in the value chain, providing technical assistance, facilitating trade and investments, and promoting international standards and market linkages.

Author: Abdoulie Nyockeh
Source: Picture: ACA MD/CEO Dr BABAFEMI .O Oyewole

Thứ Tư, 24 tháng 8, 2016

Sierra Leone’s Ministry of Agriculture provides support to Cashew Farmers


Wednesday, August 24, 2016



Amidst the rains and cloudy weather, the Minister of Agriculture, Forestry and Food Security continues to demonstrates government’s willingness to support farmers in its drive to achieve increased agriculture production and productivity as contained in the Presidential Recovery Priority on agriculture. The Minister was joined by representatives of the Parliamentary Oversight Committee on Agriculture, top Ministry Officials and other key stakeholders like the Chairman of the Sierra Leone Roads Authority Board; to present cheques to major cashew farmers in Kono and the Tayorgbo ABC Community Farmers in Tonkolili District. (Photo: PC Saque of Tankoro, receiving a cheque from Minister Jones and Hon. Koroma )

The Nimini Hills Cashew Farm project is owned and managed by a young Sierra Leonean, Toni Konomani who has cultivated four thousand cashew trees on a 57acres land out of 130acres in the Nimikoro Chiefdom. The project received a Le50million cheque from the Ministry as a support. Also, Paramount Chief Paul Saquee of Tankoro Chiefdom was presented with a Le50million cheque by the Minister, Professor Patrick Monty Jones. The Paramount Chief has so far cultivated 53acres of cashew trees and 50acres of oil palm trees in his chiefdom. Paramount Chief Aiah D. Bona Foamansa III of Nimikoro Chiefdom also received cheque of Le25million from Ministry. He has cultivated cash and tree crops, including 3,820 cashew trees, in 125acres of land. Tayorgbo Agricultural Business Center Community Farm at Mapaki Village in the Tonkolili District received Le25million. The project can boast of 95acres of rice cultivated.

The Minister, Professor Monty Jones said one of the objectives of President Dr. Ernest Bai Koroma is to promote agriculture Development in the country. He commended the Paramount Chiefs and other casher growers for taking the lead, which is in line with the President’s vision. “I am happy to know that all the Paramount Chiefs in Kono have agricultural projects” he said, and added that Ministers, Parliamentarians, Council Heads and other top officials must emulate such a brighter example, because, as he puts it, ‘food security is a must in Sierra Leone’. “Sierra Leoneans must do some form of agriculture in whatever area they find themselves,” says the Minister. The current price of cashew and the demand for it has increased in the world market, which is why the government is supporting cashew farmers so as to catch up with other co untried like Ghana that are making lots of income from the commodity. The Ministry is expecting some investors from Germany in a couple of weeks that have shown interest to invest in cashew and other cash crops like cocoa and coffee. This is expected to addressing one of the general challenges highlighted by cashew farmers, which is marketing their produce.

“The potential is very great and the Ministry is willing to support farmers,” the Minister assured.

The recipients are not only engaged in cultivating cashew tree crops, they are also growing other tree and cash crops, and livestock rearing in order to develop themselves, communities and the country. They thanked the government for the cash and other major supports, which they confessed that are coming for the first time to them under Professor Monty Jones’ leadership. They however frowned at illegal bush burning, which normally affect their crops, and called on the government and local authorities to institute laws that punish defaulters. Also, the Minister with his entourage took off from Makeni to meet with farmers in Mapaki Village, Taneh Chiefdom,  Tonkolili District.  The team visited the Earnest Bai Koroma Agriculture Development Farmers Organization at Gboran, Makarie Gbantie Chiefdom, Bombali District.  The farmer-based organization has a membership of 1,415 farmers. The team made their Final stop at Matheboi Town, in the Sander Tandaren Chiefdom was the Paramount Chief, the Honorable Member of Parliament, Hon. Sulaiman Sesay, Section Chiefs, stakeholders, farmers and all welcomed the Hon.  Minister and team.  The farmers in all areas visited took the Minister and entourage on a conducted tour of their farms.

Source: www.sierraexpressmedia.com/?p=79132

Gambia to host African Cashew Alliance seminar


Wednesday, August 24, 2016



Cashew Alliance of The Gambia, the apex association for all cashew value chain participants in The Gambia, will today commenced a two-day Cashew Processing and MIS seminar at the Kairaba Beach Hotel. The Cashew Processing & MIS workshop was organised by the African Cashew Alliance (ACA), with support from USAID West Africa Trade & Investment Hub in Banjul.

According to Alpha O. Jallow, executive secretary of Cashew Alliance The Gambia, the African Cashew Alliance (ACA) will also organize a press conference to sensitise stakeholders and the general public about the upcoming ACA world cashew festival and expo 2016, due to be held in Guinea-Bissau from September 19 to 22. Mr Jallow also disclosed that the Cashew Processing & MIS Workshop will host processing managers and MIS professionals from Guinea Conakry, Senegal, Guinea-Bissau and The Gambia.

Source: thepoint.gm/africa/gambia/article/gambia-to-host-african-cashew-alliance-seminar

Thứ Ba, 23 tháng 8, 2016

China rushes to buy Vietnamese cashew kernels

Mon Aug 22, 2016



Vietnamese cashew kernel exports to China surged by 54.72% this July compared with those of June 2016. Amberwood Trading noted in an August 19 report that this was mainly caused by increased demand for the Full Moon festival held in China, Taiwan and Hong Kong.

According to figures from the Vietnam Cashew Association (Vinacas), in July a total of 32,750...

Read more: https://www.agra-net.com/agra/public-ledger/commodities/nuts/cashews/china-rushes-to-buy-vietnamese-cashew-kernels-524540.htm

India: State considering direct import of raw cashew

Tue Aug 23, 2016




The State government is considering direct import of raw cashew nuts from African countries for public and cooperative sector cashew factories, Minister for Cashew Industry J. Mercykutty Amma has said. “Now we depend on middlemen who operate as suppliers.” The Minister said this at a function organised at Perumpuzha near here on Monday to inaugurate the reopening of the cooperative-sector Kerala Cashew Workers Apex Industrial Cooperative Society (Capex) cashew factories which had been lying closed for the past couple of months.

Last week, the Minister inaugurated the reopening of the public-sector Kerala State Cashew Development Corporation factories.
She said that while all the 30 factories of the KSCDC which had been lying closed for the past one year had been reopened, all 10 factories of Capex would start operations on Tuesday. Ms. Mercykutty Amma said that the Capex and KSCDC would be strengthened so as to enable them to make strong interventions in the cashew sector.

The Minister said that for the modernisation of these factories, Rs.100 crore had been allocated in this year’s budget and Rs.25 crore from that had been released. Capex and KSCDC factories together had about 16,000 workers.

Their potential needed to be fully tapped for meeting the target of enabling both the establishments make strong interventions in the sector, she said. Vacancies in Capex and KSCDC would be filled after Onam.

Source: http://www.thehindu.com/