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Nairaland Forum / Nairaland / General / Agriculture / Cocoa Farmers And Cocoa Merchants Are Currently Cashing Out...! (392 Views)
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Cocoa Farmers And Cocoa Merchants Are Currently Cashing Out...! by UrgentNeeds(m): 3:24pm On Jan 22 |
Nigerian cocoa farmers will never forget Year 2023. They cashed out big time, with prices for the dried beans reaching #4500 per kilogram! That is 4.5 million naira per ton! That is still the current price, in Osun State for example. Theobroma cacao (cacao tree or cocoa tree) is a small (6–12 m (20–39 ft) tall) evergreen tree. Its seeds, cocoa beans, are used to make chocolate liquor, cocoa solids, cocoa butter and chocolate. Early maturing varieties can start flowering in the third year with few fruits but it takes till about the sixth year to start giving substantial yield. You can recoup a major part of your investment in the first few years by planting plantain as cover plants for the young cocoa trees. Native to the tropics of the Americas, the largest producer of cocoa beans in 2018 was Ivory Coast, at 2.2 million tons. It's a major export crop in Nigeria and though the price can vary across different months in the year, the demand is always there and there's a huge supply gap. World cocoa bean production – 2018 Country Production (tonnes) Ivory Coast 1,963,949 Ghana 947,632 Indonesia 593,832 Nigeria 332,927 Cameroon. 307,867 Brazil 239,387 World 5,252,377 (Source: FAOSTAT of the United Nations) Are you considering investing in Cocoa cultivation this year? Do you need some help with how to get started? Contact me. You can send a dm, or indicate your interest in the comments section. [The second picture was today's morning. I was in a cocoa farm. It's a new year but work has started.]
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Re: Cocoa Farmers And Cocoa Merchants Are Currently Cashing Out...! by UrgentNeeds(m): 3:46pm On Jan 22 |
The rise in price between August and November was almost unbelievable. Surprisingly And Evidently, This Will Continue To Happen Almost on A Yearly Basis. You're Welcome To The World of Agricultural Dollarization. Join The Cocoa Monetization Champs Today ! If You Cannot Become A Cocoa Farmers Immediately; Become A Cocoa Merchant With Us Right Away. Visit Our Website Link Below On Our Bio To Learn How To Become One. The Farmer Is King. |
Re: Cocoa Farmers And Cocoa Merchants Are Currently Cashing Out...! by judatech: 4:09pm On Jan 22 |
Cocoa Farm For Sale Size:3.884 HA Location: Ikom - Atomi road, Ejaokora/Agric Village Ikom, Cross River State Price: ₦50M(negotiable) WhatsApp 08179176060 |
Re: Cocoa Farmers And Cocoa Merchants Are Currently Cashing Out...! by awoniyi1236(m): 7:24pm On Jan 22 |
Is now 5k plus |
Re: Cocoa Farmers And Cocoa Merchants Are Currently Cashing Out...! by UrgentNeeds(m): 6:01am On Jan 24 |
judatech: Are you based in ikom ? |
Re: Cocoa Farmers And Cocoa Merchants Are Currently Cashing Out...! by UrgentNeeds(m): 6:02am On Jan 24 |
Re: Cocoa Farmers And Cocoa Merchants Are Currently Cashing Out...! by judatech: 9:51am On Jan 24 |
UrgentNeeds:No |
Re: Cocoa Farmers And Cocoa Merchants Are Currently Cashing Out...! by billyG(m): 3:03pm On Apr 04 |
I shall be a big time cocoa farmer by God's grace |
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