Cashew Kernel Price Today

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Chủ Nhật, 31 tháng 12, 2017

NCAN targets 10% increase in cashew production

31 Dec. 2017

Anna Okon
The National Cashew Association of Nigeria has said that cashew production in 2018 may increase by 10 per cent over the 2017 volume.
The President, NCAN, Mr. Tola Faseru, told our correspondent that production increased from 175,000 metric tonnes in 2016 to 220,000MT in 2017, adding that the projection for 2018 was 242,000MT.
He said this was based on the improvement recorded in the sector in terms of more plantations, good agricultural practices, improved seedling and post harvest, storage and packaging practices by farmers.
Raw cashew nuts topped the list of major agricultural exports in 2017 followed by sesame seeds, frozen shrimps and prawn, flour and meals of soya bean, according to the National Bureau Statistics.
Cashew traded for N13.5bn in the second quarter of 2017, representing an increase of 463 per cent from N2.4bn recorded in the first quarter.
It was followed by sesame seed, N7bn; shrimps, N2.8bn; flour mills; soya beans, N2.3bn, and ginger, N663.7m.
According to the NBS, cashew export in Q2 represented 45.4 per cent of the total agriculture exports and 1.37 per cent of total exports.
During the quarter under review, cashew nuts worth N12.16bn were exported to Vietnam; N1.4bn to India; and N6.34m to Kazakhstan, the bureau reported.
Stakeholders, however, argued that the country could earn more revenue by adding value to its cashew exports.
The Publicity Secretary, NCAN, Mr. Sotonye Anga, said there was a need for government to step in and invest in cashew processing.
According to him, processing is capital intensive and cannot be handled by individuals or the kind of finance scheme that operates in the country.
He said, “Cashew processing requires money and short-term finance; the type allowed by Nigerian banks is not sufficient. One needs finance of up to five years and above because cashew takes four years to yield.
He said, “To process cashew, one needs money to buy equipment and to stockpile the raw fruits for years. We have been hearing of the export stimulation policy but the government has to turn it into a reality.
“The incentive for processing is too poor in Nigeria. All over the world, processors are being encouraged with incentives and the processed cashew is generating billions of dollars for nations that invest in processing instead of just exporting raw cashew.”
Faseru said a team made up of members of the association and the ministry of agriculture had visited Vietnam to witness the volume of cashew processing that went on there.
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India: Have a fruitilicious year!

31 Dec. 2017

Have a fruitilicious year!
Have a fruitilicious year!

Much before man had invented cultivation and agriculture, the fruit was the food that the pre-historic man survived on. A newborn baby is first fed mothers milk and then fruit. Fruits contain natural sugar and fibre and some fruits even contain nuts – like apricot has almonds and cashew fruit has cashew, which gives us fat and protein along with a large number of naturally occurring vitamins, minerals and plant phytochemicals that boost immunity.

Fruits are highly alkaline and prevent acidity thus making them easily digestible. When you eat a fruit you feel a cleansing effect in your blood and digestive tract as the organic acid present in fruits immediately refreshes and energises you. 

One thing to keep in mind when consuming fruits is they are optimally used by the body when they are eaten raw, ripe and uncooked. When we cook fruits, we tend to lose the best portions of the nutrients, salts and carbohydrates present in the fruit. It is best to eat seasonal and regional fruits as this would mean the produce that you’re eating is best nutrition-wise.

Indian medicine always believed in seasonal eating as Mother Nature has designed each food to immunise you according to the season. Seasonal foods have fewer chemicals and preservatives thus maximising the nutrient value. Eating unseasonal fruits will have severe negative effects on your body, for example, a watermelon in winter will give you a cold.

The best way to eat a fruit is in the morning before breakfast and after drinking water. This aids digestion and prevents acidity and constipation. Fruit can be consumed an hour before you eat anything or three hours after. Certain fruits like pineapple, coconut and pomegranate can be eaten alongside food.

Bananas and apples are best eaten before noon. Bananas contain serotonin, which is produced naturally in your body as the sun rises and aids in boosting your energy. Apples contain pectin that is very difficult to digest post noon thus creating bloat, flatulence and constipation.

Watermelon and the entire melon family must not be eaten with any other fruit or food as it can cause bloating, indigestion and flatulence. If you are feeling constipated then skip apple and pomegranate, whereas for loose motions eat these fruits. Omit the melon family entirely if you are gaseous. To prevent colds eat bananas and raw guavas and avoid melons, chickoos, bananas and sugarcane at night.

A few things we should remember is firstly five per cent of your diet should be fruits and depending on your sugar levels should you monitor your fruit consumption. If you are diabetic then do not mix any fruit with food. All should avoid fruit with any dairy products, milk or curd. Stay away from fruit juices as they lack fibre and only give you a sugar rush. Avoid mixing fruits and vegetable juices. 


Nigeria: Experts explore potentials in agric value chain

31 Dec. 2017

One sector that needs adequate attention is the agric-food value chain. It actually links farmers, processers, marketers and the retailers together creating jobs and putting food on the table for many. Interestingly, this was the focal point at the recent conference organised by AWEP (African Women Entrepreneurship Program) in Lagos.
Tagged: ‘Women’s Entrepreneur’s Creating Sustainable Business Economy,’ the workshop took a holistic look at the problems in the sector and tried to proffer solutions to them.
One of the focal persons at the event, Ify Osineme who talked about the organisations mission and some of the achievements over the years, said more attention is shifting to adoption of made in Nigerian goods as well as efforts aimed at the export market. “It is also very important for our women to plug into the agric value chain.”
According to the immediate past president, Hajia Zainab Jaji, getting the right data and monitoring the statistics is very important. She took time to talk about the impact the organisation has had in the different sectors of the society.
“In Nigeria about 43 per cent of women are entrepreneurs, in the US you have ten per cent and so you can see that our women are there. Our focus is on creating a sustainable team and take steps to move out of the recession. What we need is innovation, technology, investing more in agriculture and the ability to sustain our economic growth.”
Expatiating, Jaji said, the green gold project which has spurred our women to do more. “We also had the first African fashion Expo in Mauritius, a Cairo meeting for buyers and collaboration in Maami for honey, leather goods and Spices. In addition, we also had a SMEDAN sponsored trip to China. At the local level, we have also partnered with organisations like NEPC, Raw Materials Testing Research and
Development Council, Sterling Bank, US Embassy.”
For the representative of the DG and Minister, Dr Friday Okey there are so many opportunities for female entrepreneurs. “Recently, a survey was done by SMEDAN that women’s ownership in business is about
42 per cent and SME’s shows only 21.2 per cent. A lot of work is required to mainstream what we have in micro to small. We need to see more access to the markets. In India, women in self employment have their own bank and gives loans to members. . However, goods must meet standards; they must be goods that have added value.”
For Ambassador Folake Marcus Bello, the major problem with products from Nigeria has a lot to do with quality.
“As an entrepreneur, we must decide that you are going to make it right. It is essential that we get our packaging and your product right. I met Mrs. Hilary Clinton, when she came to Zambia as an ambassador. Then she said that a lot of African women are hard working but the packaging is wrong. There is so much talent in Nigeria but we keep underrating ourselves by not reaching out”. In addition, we
should go for small profits and stop being greedy.”
For Mary Ade Fosudo, who represented Chief Olabintan Farotimi, the President of the Nigerian /American Chamber of Commerce (NACC), there is need for diversification and for more women to take charge of the growth.
“More women and girls now have opportunities to leverage on their innovation all over the world. Sadly, in Africa, there is little data.
Gender inequality is costing 95 billion a year and Africa loses 6 per cent of its GDP every year. When women entrepreneurs are supported, the economy would grow.”
Mrs. Obi, the representative of the DG of the Raw Materials and Research testing Council , Dr Hussein Idoko  shed light on some of its 13 flagships projects and how entrepreneurs can work with the standard of AGOA market.
“We are the first organisation that invested in cashew in the University of Kogi state and we developed quality cashew nuts. It is important to work with synergy and get relevant information about products. For instance, the shea butter from the 16 belts of the country differ because of the ecological and environmental reasons.”

Thứ Bảy, 30 tháng 12, 2017

Vietnam's cashew import, export surge in 2017

29 Dec. 2017

HANOI, Dec. 29 (Xinhua) -- Vietnam earned over 3.5 billion U.S. dollars from exporting cashew nuts this year, up 20 percent over last year, while spending more than 2.5 billion U.S. dollars importing raw cashew, up 22 percent, Vietnamese Ministry of Agriculture and Rural Development said on Friday.
Vietnam exported 352,205 tons of cashew nuts in 2017, mainly to the United States, the Netherlands and China, the ministry said. Meanwhile, Vietnam imported 1.1 million tons of raw cashew from Africa.
Vietnam has strength in cashew processing and customer base and it will assist Cambodia, which is interested in expanding cashew-growing area and exporting raw cashew, in growing 500,000 hectares of cashew with output of some 1 million tons in the next 10 years, according to the Vietnam Cashew Association.
Vietnam's cashew-growing area dropped to 290,000 hectares in 2015 from 440,000 hectares in 2007, according to the ministry. In 2016, the area increased by 5,600 hectares.


India: Almond rises on retailers demand

28 Dec. 2017

New Delhi, Dec 28 (PTI) Almond prices rose by Rs 100 per 40 kg at the dry fruit market here today on strong demand from retailers.
Almond (california) rose by Rs 100 to Rs 17,100-17,300 per 40 per kg. Its kernel followed suit and traded higher by Rs 5 to Rs 615-625 per kg.
Traders said pick up in demand from retailers, driven by seasonal demand, mainly led to the rise in almond prices.
Following are today’s quotations (per 40 kgs): Almond (California-new) Rs 17,100-17,300, almond-gurbandi Rs 12,000-12,500, almond (girdhi) Rs 5,000-5,100, abjosh afghani Rs 8,000-25,000, almond kernel (California) Rs 615-625 per kg, almond kernel (gurbandi) Rs 700-800 per kg, chilgoza- (Roasted) (1 kg) Rs 2,650-2,750, cashew kernel 1 kg (no 180) Rs 1,070-1,080, cashew Kernel (no 210) Rs 970-980, cashew kernel (no 240) Rs 905-910, cashew kernel (no 320) Rs 805-815, cashew kernel broken 2 pieces Rs 665-770, cashew kernel broken 4 pieces Rs 645-755, cashew kernel broken 8 pieces Rs 550-670, copra (qtl) Rs 16,000-18,500, coconut powder (25 kgs) Rs 4,800-5,500, dry dates-red (qtl) Rs 3,500-12,500, fig Rs 25,000-40,000 (40 kg), kishmish kandhari local Rs 10,000- 15,000 (40 kg), kishmish kandhari special Rs 8,000-20,000 (40 kg), kishmish Indian yellow (40 kg) Rs 3,900-4,600 (40 kg), kishmish Indian green Rs 6,800-10,400 (40 kg), pistachio Irani Rs 1,100-1,200 (1 kg), pistachio hairati Rs 1,400-1,475 (1 kg), pistachio peshawari Rs 1,565-1,645 (1 kg), pistachio dodi (roasted) 750-860 (1 kg), walnut Rs 230-320 and walnut kernel(1 kg) Rs 500-900.
This is published unedited from the PTI feed.


India: Tamil Nadu - Cashew farmers waiting to cash in

28 Dec. 2017

CUDDALORE: The cashew nut farmers from Panruti and Neyveli regions are a happy lot as they expect to make a decent profit after a lull of two years, when most of the nuts were imported due to the failure of monsoon.
The farmers who were staring at yet another loss this year were boosted by the moderate rains that the district received in the months of October and November. The cashew nuts from the region fetch a good price in the global market, said a farmer and we have suffered losses for the past two years.
A worker segregating the nuts at a processing centre | Harish Murali
Speaking to Express, R Shankar (44) of Kangeyankuppam, who owns a 10-acre farmland said that the season usually begins only during the month of March when the nuts are harvested. This goes on for about a month.  However, for the past two years, the market was dull, but the demand was high and as there was not much harvest in the region, it was imported from Kerala and even Africa, which arrived at the Thoothukudi Port.
Several cashew nut dealers in Neyveli, Panruti and Muthandikuppam all went to the Thoothukudi Port to take the nuts from Nigeria and other parts of Africa. The nuts are brought here for segregation, which are processed for a price and sold in the markets. The entire processing were done at cheaper rates as the demand was high domestically due to the poor harvest, added Shankar.
Shankar who employs over 15 people for the segregation of cashew nuts is a happy man as he and several others who own even smaller farms are going to reap the benefits. A kg of first-grade cashew nut sells at the `670 while the roasted one is sold at `660.
Shankar added that this time around they are expecting a bumper harvest as the crops in most farms are almost ready. If sold at `660, the dealers at least make a profit of `200.
In a nutshell
Have you ever wondered why you can’t get cashew in a shell. One can get hazelnuts, almonds, peanuts, etc., in a shell, but not cashew. Why? Because the cashew shell is toxic. Roasting at high temperature destroys the shell oil, so nuts will not trigger a reaction


World: How to switch to a plant-based diet in 2018

30 Dec. 2017

Many studies this year have shown how cutting down on meat and switching to a mainly plant-based diet can boost health. Lowering cholesterol, improving heart health, staving off memory loss -- adding more fruit and veg into your diet can have benefits for everyone. With plant-based foods also set to be a top food trend for 2018, here are some tips on how to eat less meat next year, without missing out on any essential nutrients. 
Switch from fish to nuts for omega-3 and omega-6
Omega-3 and -6 are essential fatty acids important for our immune system, brain, nerves and eyes. Our bodies cannot make them, so we must ensure we get them from our diet. But as the most common source is fish, those looking to go veggie or vegan next year will have to look elsewhere. Switching to nuts and seeds such as hemp seeds, pumpkin seeds, sunflower seeds, walnuts and soya spread will ensure that you are topping up levels of the essential omega-6 fat linoleic acid (LA), while adding chia seeds, ground linseed, hemp seeds and walnuts to your diet will provide sufficient amounts of the essential omega-3 fat alpha-linoleic acid (ALA).
Switch from dairy to leafy greens for calcium
Calcium keeps bones and teeth strong and healthy and is involved in the functioning of the nervous system, blood clotting, and controlling your muscles. Although it's a common belief that the best source of calcium is milk and other dairy products, there are many other, non-animal, plant-based sources of the mineral.
It is found in leafy green vegetables kale, pak choi, spring greens, and okra, which are great sources of fibre and other vitamins and minerals.
Switch from seafood to seeds for zinc
Seafood and red meat are common sources of zinc, needed for a variety of different functions in the body, including fighting infection, healing wounds, and growth and development.
However, seeds such as chia seeds, ground linseed, hemp seeds and pumpkin seeds are rich in the mineral, as are legumes such as beans, chickpeas, lentils, and nuts like walnuts and cashew nuts.
Switch from meat to fruit and vegetables for iron
Iron deficiency is the most common nutrient deficiency in the world, and meat is one of the richest sources of the mineral.
However, for those wanting to cut down on meat next year, the good news is that plenty of plant foods contain good levels of iron, including fruits and vegetables such as kale, figs, and dried apricots. It's also found in lentils, chickpeas, beans, tofu, cashew nuts, chia seeds, ground linseed, hemp seeds, pumpkin seeds. To increase absorption even further, add fruit and vegetables rich in vitamin C such as peppers, broccoli, cabbage, kiwi fruit, oranges, strawberries, pineapples and grapefruit to your iron-rich foods.
And finally...switch from bland to seasoned

If you struggle to eat your greens, then a study from the University of Illinois may have found a way to make them more tempting. Published early this year, the study found that adults are significantly more likely to eat vegetables if they are seasoned with herbs and spices when compared to serving them plain and steamed. The team also commented that the findings are particularly important for men and younger adults, who tend to eat fewer plant-based foods overall than women and older adults.


World: Global Plant-Based Cheese Market to Reach $3.9 Billion by 2024!

29 Dec. 2017
Plant-based cheeses are making their mark on the world! A recent report published by Variant Market Research estimates that the global plant-based cheese market is predicted to grow rapidly in the coming years. By 2024, the vegan cheese market is expected to reach $3.9 billion. That’s nearly a $1.8 billion increase from $2.1 billion in 2016.
There are many reasons why the market is growing so quickly. These include: consumers seeking other options due to lactose intolerance, changing consumption patterns, an increase in vegan consumers, and an increase in the number of dairy-free cheese options on the market. With so many different choices for the base of vegan cheeses, the market can serve to a wider variety of diet types. Plant-based cheeses are currently made from coconut milk, soy milk, rice milk, almond milk, peanut milk, hazelnuts, cashews, vegetables, along with other bases. Currently, soy milk dominates making up more than 50% of the market with almond milk coming in second place.
Some of the more popular plant-based cheese companies that are making an impact globally are Punk Rawk Labs, Kite HillTreeline Treenut Cheese, Dr. Cow Tree Nut Cheese, Miyoko’s Kitchen, Vtopian Artisan Cheeses, Heidi Ho., Hochland Group, and Parmela Creamery.

How to Make Your Own Plant-Based Cheese!

There are so many ways to make unique plant-based cheeses right in your own kitchen. Whether you need a cheese sauce, a cream cheese, or a variety of options for a cheese plate, the Food Monster App bloggers have you covered. Check out these delicious, homemade vegan cheese selections below!

Raw Spiced Cashew Cheese

This Raw Spiced Cashew Cheese by Sofia Yotova is a breeze to make! Simply blend the ingredients, shape it, and wait a few hours until your cheese is dense and ready to be spread. Add some extra flavor (and color) by coating your cheese in your favorite spices, red pepper, rosemary, and turmeric all add a gorgeous color and taste.

Green Chili Nacho Cheese Sauce

Is it a dip … a sauce … a condiment? Whatever you end up calling it, this Green Chili Nacho Cheese Sauce by Sara Hohn is incredibly versatile. Dip raw veggies or chips in it. Drizzle it warmed on top of steamed broccoli, cauliflower, or a medley of roasted vegetables. This recipe would make a great cheezy pasta sauce, tossed with cooked macaroni, topped with bread crumbs and baked until crispy. Got some left over? You could also try it on pizza, burritos, or gooped onto a burger or tofu dog. No idea is a bad one with this sauce.

Roasted Garlic and Fresh Herb Cream Cheez 

Roasted Garlic and Fresh Herb Cream Cheez by Annie Oliverio is creamy, garlicky, and irresistible smeared on crackers or toasted bagels. This cashew-based “cheese” might just remind you of herbed Boursin.

Sliceable Zucchini Cheese and Spreadable Tomato Nacho Cheese

Sliceable Zucchini Cheese and Spreadable Tomato Nacho Cheese by Lena Ksanti is a two-in-one recipe! First up we have a delicious sliceable zucchini cheese. Yep, you heard right! It’s a beautiful pale green, and it tastes absolutely delicious on crackers. Then, we have a creamy, dreamy orange nacho cheese that you can dip chips and veggies in, or use as a sauce for mac and cheese! The possibilities are endless!
Want to buy your plant-based cheese instead of making it? Check out Vegan Cheese is Better Than Ever: Try These 11 Brands by downloading the Food Monster App, which is available for both Android and iPhone, and can also be found on Instagram and Facebook, offers over 10,000 plant-based, allergy-friendly recipes. Subscribers not only access an archive of recipes, but they gain access to new recipes on a daily basis. Check it out!
Lead image source: Raw Spiced Cashew Cheese 

India: At least 60 per cent cashew processing factories in Kerala face closure

Friday, 29 December, 2017, 08 : 00 AM [IST]

Shraddha Joshi, Mumbai
High processing costs and raw cashew crunch have hit the cashew processing industries in Kerala hard and at least 60% of them are facing closure. While India can process about 17 lakh million tonne cashew, it is able to produce just 7 lakh million tonne and hence relies on imports to utilise its processing capacity in total. The country is said to be importing processed kernels as well.

Though other cashew processing states like Maharashtra, Goa, Karnataka, Tamil Nadu, Andhra Pradesh and Orissa face a similar raw cashew crunch, they are slightly better placed as they are able to manage processing costs better than Kerala. Further, issues related to obsolete machinery, a non-conducive import and export policy and price disparity have been affecting most processing industries in the country.

According to Directorate of Cashewnut and Cocoa Development (DCCD), cashew factories in all these states except Kerala “at present are going well with the active involvement of industries department.

As for Kerala, V Shaji, commercial manager, the Kerala State Cashew Development Corporation Limited, informs, “In the state of Kerala around 60% of factories face closure. The reason behind the shutdown is high processing cost and non-availability of raw cashew.”

He however, adds, “Relaxation requested for raw cashew nut import duty and for cashew kernel the import duty is supposed to be enhanced. In Foreign Trade Policy (FTP) the current import duty for raw cashew nut is 9.36% and this is supposed to be rolled back in coming budget. For least developed countries there is no import duty for RCN”

Once a major exporter of cashew to the world by contributing 60% to the trade, India has now become a major importer, in the process losing out to smaller countries like Vietnam that are cashing in on the opportunity. In 2007-08, India exported 41% of its total processed cashew, which drastically fell to 24% in 2016-17. That is because 76% of the production and import went to domestic market consumption.

India's cashew export has been falling in the last two years. From 118,952 (33%) in 2014-15, it plunged to 82,302 (24%) MT last year.

According to DCCD, “The Indian production of cashew nut for the year 2016-17 is 7.79 lakh million tonne which is not sufficient to run the processing factories available in various states, having a processing capacity of 17 lakh MT per annum. Hence, India has to depend on import of raw cashew nut from other countries.”

 Thus, in order to run the factories round the year, the import was necessary for the country, and as a result several measures were taken to reduce the duty to allow cashew import to sustain the factories.

India has been resorting to imports mainly from African countries. India also imports from Brazil, Ghana, Guinea, Indonesia, Thailand, and Vietnam. During the year 2016-17, India imported 770,446 MT of raw cashew nuts from different countries, mainly from Africa. Whereas, India exported 82,302 MT of cashew kernels worth Rs 5168.78 crore during the year 2016-2017 wherein USA, Europe and the Middle-East continue to be major consumers of Indian cashews.

Export of Cashew Kernel, CNSL and Import of Raw Cashew Nut in India

Cashew Kernel Export
CNSL Export
Raw Nut Import
Quantity (MT)
Value (Rs Crore)
Quantity (MT)
Value (Rs. Crores)
Quantity (MT)
Value (Rs. Crores)

Experts feel that the sector is passing through a bad phase. The imposition of import duty on Raw Cashew Nut (RCN) and reduction in export incentives Merchandise Exports from India Scheme (MEIS) for cashew kernels is a setback for cashew fraternity. There is cutthroat competition from Vietnam for RCN and cashew kernels. Non-parity of RCN with cashew kernel price is another factor.

As a result, export has fallen. Shaji states, “For revival of the industry, the indigenous production of RCN has to be increased, roll back import duty imposed, enhance export incentives, enhance import duty of cashew kernels, partial mechanisation in the processing industry to be implemented.” Production, Export, Import, Consumption - Cashew Nut


Import of 
Raw Nut (MT)
Raw Nut (MT)
Total  Cashew Kernel processed (MT)
Export of 
Cashew Kernel* (MT)
Domestic Consumption of  Cashew Kernel *(MT)

114791 (35%)
104015 (29%)
131760 (40%)
105755 (41%)
154366 (59%)
108120 (36%)

109523 (38%)
114340 (41%)
*% Indicates quantity out of domestic production and import

(*) Indicates quantity out of domestic production and import.