{"id":1092528,"date":"2022-05-19T10:31:46","date_gmt":"2022-05-19T10:31:46","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/05\/19\/cocoa-production-forecast-to-fall-by-one-third-economy\/"},"modified":"2022-05-19T10:31:46","modified_gmt":"2022-05-19T10:31:46","slug":"cocoa-production-forecast-to-fall-by-one-third-economy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/05\/19\/cocoa-production-forecast-to-fall-by-one-third-economy\/","title":{"rendered":"Cocoa Production Forecast To Fall By One-Third | Economy"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Cocoa production for the 2021\/22 cocoa season has been forecasted to fall by one-third due to\u00a0less conducive weather conditions and the outbreak of swollen shoot disease.<\/p>\n<p>According to the International Cocoa Organisation\u2019s (ICCO) monthly report for April 2022, the global 2021\/22 cocoa market will fall into a deficit of 181,000MT from a surplus of 215,000 in 2020\/21. Global 2021\/22 cocoa production will fall by 5.2 percent year on year (y\/y) to 4.955 MMT from a record 5.226 MMT in 2020\/21.<\/p>\n<p>\u201cAvailable information on crop sizes in main cocoa origin countries of West Africa suggests that the 2021\/22 cocoa season is heading toward a world deficit of approximately 181,000 tonnes mainly due to a shortfall in the Ghanaian production. Indeed, less conducive meteorological conditions and the outbreak of swollen shoot disease are the major contributing factors for the production decline,\u201d the report said.<\/p>\n<p>Reports by Reuters in April suggested that harsh weather conditions due to the harmattan winds are expected to reduce cocoa production in Ghana by at least 31 percent in 2021\/22 from the season before. It further reported that country\u2019s total production is projected not to exceed 710,000-720,000 tonnes this year, mainly because of a climate that has been catastrophic for cocoa.<\/p>\n<p>Consequently, the swollen shoot disease outbreak\u00a0could further deepen the woes already predicted.<\/p>\n<p><strong>Swollen shoot disease<\/strong><\/p>\n<p>In late 2021, 43,281 cocoa trees affected by the swollen shoot disease were destroyed on 106.58 hectares of farmlands in the Dormaa Central Municipality of the Bono Region. The move was made proactively to avoid the disease spreading further.<\/p>\n<p>This disease, according to COCOBOD, is estimated to have an infection rate of 20\u00a0percent of\u00a0the country\u2019s cocoa trees.<\/p>\n<p>The cocoa farms in the Western North Region of the country have been the subject of rehabilitation under the National Cocoa Rehabilitation Programme (NCRP). These regions have been affected by the swollen shoot disease, which has had devastating effects on the country\u2019s prime crop.<\/p>\n<p>Approximately 11 percent of cocoa farms in the region, 51,537 hectares out of 487,386, have been rehabilitated under the programme so far. The NCRP was launched in 2017 by COCOBOD and financially supported by the African Development Bank (AFDB), with the objective of treating farms affected by the virus and replanting infected cocoa plants with disease-tolerant and early-bearing, high-yielding varieties.<\/p>\n<p>As part of the programme, compensation is also to be paid to participating farmers and landowners for up to two years after the plantation.<\/p>\n<p><strong>C\u00f4te d\u2019Ivoire\u00a0cocoa production<\/strong><\/p>\n<p>\u00a0In C\u00f4te d\u2019Ivoire, the 2021\/22 cocoa production is also expected to be lower than the 2020\/21 crop. As of May 1, 2022, cumulative arrivals of cocoa beans in the country were seen at 1.807 million tonnes; down by 3.2 percent compared to the volumes recorded in the same period of the previous cocoa year.<\/p>\n<p>\u201cLess supportive meteorological conditions can be cited as a cause of the expected lower production in C\u00f4te d\u2019Ivoire,\u201d ICCO said.<\/p>\n<h3><strong\/><\/h3>\n<p><span class=\"peace_black_text_4\">Source: BBC<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<table width=\"100%\" border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"clear:both\">\n<tr>\n<td><span class=\"peace_red_text_1\">Disclaimer<\/span>: <span class=\"peace_ash_text_1\">Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.<\/span><\/td>\n<\/tr>\n<\/table>\n<p>Featured Video\n<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"wB2-NHndouE\"><iframe loading=\"lazy\" title=\"Our Fight Against Sim Card Registration Is Unending- Hon. Ras Mubarak Cautions Gov&#039;t\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/wB2-NHndouE?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cocoa production for the 2021\/22 cocoa season has been forecasted to fall by one-third due to\u00a0less conducive weather conditions and the outbreak of swollen shoot disease. According to the International Cocoa Organisation\u2019s (ICCO) monthly report for April 2022, the global 2021\/22 cocoa market will fall into a deficit of 181,000MT from a surplus of 215,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1082943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[181,1963,6761,9943,9279,1801],"class_list":["post-1092528","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-cocoa","tag-economy","tag-fall","tag-forecast","tag-onethird","tag-production"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1092528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1092528"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1092528\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1092528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1092528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1092528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}