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In recent months, cocoa growers in Cameroon have been happy.Prices for their crop have reached an all-time high of 1,400 FCFA [about US $3] per kilogram. That's about double the high reached three years ago.
Officials at Cameroon's National Cocoa and Coffee Board attribute the price spike1 partly to the protracted2 political impasse3 in the world's top producer, Ivory Coast. The country accounts for 40 percent of global production. It's been plunged4 into a quagmire5 since November following contested presidential election results.
Cocoa pods
Mr. Gbagbo is under increasingly severe international pressure to cede6 power to Mr. Ouattara, widely considered to be the winner. European Union sanctions aimed at forcing Mr. Gbagbo to hand over power are now threatening cocoa shipments from Ivory Coast, which produces a yearly average of 1.3 million tons.
Michael Ndoping, managing director of the Cameroon Cocoa and Coffee Board, says although prices are generally determined7 by supply and demand, commodities are rising because of speculation8 about the effect of the political crisis on Ivoirian farmers.
"We're mixing two things. We're talking politics, we're talking business. Like you would know, the Ivory Coast is the No. 1 producer of cocoa in the world. So anything that happens in Cote d'Ivoire invariably has an impact on the market. We've noticed since August that prices have been sustained. We think that the crisis in Cote d'Ivoire has an impact. So that could account for the sustainable prices we've noticed for the last six months," Ndoping says.
Experts predict the soaring prices will go through the roof if the standoff degenerates9 into warfare10, impeding11 Ivorian exports. Meantime, producing countries are preparing to take advantage of the situation as anxiety steadily12 grows among chocolate manufacturers in the West.
Bags of cocoa for export
In Ghana, the world's second largest producer, officials are even pondering ways to reposition the country as the world's leading producer if Ivorian exports are eventually disrupted. Ivory Coast's cocoa production overtook Ghana's in 1978.
In Cameroon, renewed efforts at reviving the sector13 have been paying off. Production rose to 205,000 tons in the 2008/09 season and Ndoping says halfway14 into the current season, prospects15 are even brighter.
"We launched the season in August. As of today, we've exported 174,000 tons and that to us is a very big jump because last year at this period, we were at 134,000 tons. So there's a difference of almost 40,000 tons and that's a remarkable16 increase and so we can say the sector is doing very well. By the end of July, we should surpass 200,000 tons," Ndoping explains.
The steadily rising prices are encouraging farmers to revive and expand abandoned plantations17.
Growth in production of cocoa in Cameroon stalled in the late 1980s as world market prices slumped18 and high export taxes forced farmers to switch to staple19 crops like grain.
But since 2005, a combination of efforts has culminated20 in rekindled21 interest in cocoa. Export taxes have been scrapped22, and farmers are benefitting from several programs providing high-yielding seedlings23 for free or at subsidized rates.
The programs have also sponsored access to inputs24 such as fertilizer and pesticides25. This year some five million plants are expected to be distributed, and an additional 4,000 hectares of cocoa plantations will be created.
Cristel Pound, a grower in the country's South Region says the Ivorian situation presents a golden opportunity to improve quality and quantity.
" At the moment, weather conditions are favorable. There is low rainfall, which favors production and ample sunshine, which encourages fermentation and also allows us to dry our beans for longer periods. We've also noticed few cases of blackpod disease. That implies we can improve both our quantity and quality in a very short time. The decision-makers should now play their role," Pound says.
Across Cameroon, farmers like Pound say the country's infrastructure26 is a major drawback to rapid growth in cocoa, and all agricultural production. Poor transport links make it difficult and costly27 for farmers to get their products to market.
But the government says it is gradually building new roads to make production areas more accessible. It also says it's setting up conservation units and processing plants and giving growers groups market information and best farming techniques.
It has also waged war against middlemen accused of not maintaining standards. Some convince cash-strapped farmers to sell them insufficiently-dried and fermented28 cocoa beans, which they then sell to exporters. They're also accused of not giving farmers a fair price for their goods.
The government support package also includes duty exemptions29 on inputs like improved seeds and pesticides.
Many farmers groups have launched calls for the government to quickly disburse30 large subsidies31 while the Ivorian deadlock32 lasts. They say the crisis should serve as a motivation for them to increase production.
1 spike | |
n.长钉,钉鞋;v.以大钉钉牢,使...失效 | |
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2 protracted | |
adj.拖延的;延长的v.拖延“protract”的过去式和过去分词 | |
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3 impasse | |
n.僵局;死路 | |
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4 plunged | |
v.颠簸( plunge的过去式和过去分词 );暴跌;骤降;突降 | |
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5 quagmire | |
n.沼地 | |
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6 cede | |
v.割让,放弃 | |
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7 determined | |
adj.坚定的;有决心的 | |
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8 speculation | |
n.思索,沉思;猜测;投机 | |
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9 degenerates | |
衰退,堕落,退化( degenerate的第三人称单数 ) | |
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10 warfare | |
n.战争(状态);斗争;冲突 | |
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11 impeding | |
a.(尤指坏事)即将发生的,临近的 | |
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12 steadily | |
adv.稳定地;不变地;持续地 | |
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13 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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14 halfway | |
adj.中途的,不彻底的,部分的;adv.半路地,在中途,在半途 | |
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15 prospects | |
n.希望,前途(恒为复数) | |
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16 remarkable | |
adj.显著的,异常的,非凡的,值得注意的 | |
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17 plantations | |
n.种植园,大农场( plantation的名词复数 ) | |
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18 slumped | |
大幅度下降,暴跌( slump的过去式和过去分词 ); 沉重或突然地落下[倒下] | |
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19 staple | |
n.主要产物,常用品,主要要素,原料,订书钉,钩环;adj.主要的,重要的;vt.分类 | |
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20 culminated | |
v.达到极点( culminate的过去式和过去分词 ) | |
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21 rekindled | |
v.使再燃( rekindle的过去式和过去分词 ) | |
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22 scrapped | |
废弃(scrap的过去式与过去分词); 打架 | |
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23 seedlings | |
n.刚出芽的幼苗( seedling的名词复数 ) | |
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24 inputs | |
n.输入( input的名词复数 );投入;输入端;输入的数据v.把…输入电脑( input的第三人称单数 ) | |
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25 pesticides | |
n.杀虫剂( pesticide的名词复数 );除害药物 | |
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26 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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27 costly | |
adj.昂贵的,价值高的,豪华的 | |
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28 fermented | |
v.(使)发酵( ferment的过去式和过去分词 );(使)激动;骚动;骚扰 | |
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29 exemptions | |
n.(义务等的)免除( exemption的名词复数 );免(税);(收入中的)免税额 | |
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30 disburse | |
v.支出,拨款 | |
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31 subsidies | |
n.补贴,津贴,补助金( subsidy的名词复数 ) | |
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32 deadlock | |
n.僵局,僵持 | |
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