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Excerpt from Foreign Agriculture Circular: Cocoa; October 1984
World cocoa bean grindings in calendar 1984 are estimated at a record million tons, compared with million tons a year earlier. Grindings in 1985 are forecast to closely approximate those of 1984. If production and grind estimates are realized, world stocks will increase by tons in 1985, following 2 straight years of inventory reductions. Based on the current rate of consumption, world carryover' stocks of cocoa beans at the close of the season were estimated at about a 3-month supply, down from a 4-month supply, as of September 30, 1983.
Cocoa bean prices (the average of the daily closing price of the nearest 3 active futures trading months on the New York market) have averaged per ton during the january-september 1984 period, up from during calendar 1983 and well above the 1982 average of per ton. Cocoa prices were high during the early months of 1984 in response to a tight supply situation, but have since declined as the new crop season approached.
The 1980 International Cocoa Agreement (igga) was extended for a l-year period because members were unable to successfully conclude negotiations for a new igga. Thus, the 2 cents per pound levy and the intervention price range of per pound will remain in effect until September 30, 1985. A Negotiating Conference was held in Geneva, October 8-26, 1984, in continuing efforts to develop a new igga.
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Foreign Agriculture Circular: Cocoa; October 1984 (Classic Reprint)
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Paperback. Condizione: New. Print on Demand. This book offers a comprehensive analysis of global cocoa bean production and trade, providing valuable insights into the industry's historical evolution and its current dynamics. The author meticulously examines key cocoa-producing regions, including West Africa, South America, and Asia, tracing the factors that have shaped their output and quality. The book delves into market trends, prices, and the role of international agreements in regulating the cocoa sector. It highlights the impact of climate, disease, and political instability on cocoa production, underscoring the complex challenges faced by farmers and exporters. By juxtaposing current practices with historical context, the author sheds light on the industry's resilience and adaptability. Beyond its economic significance, the book explores the social and environmental implications of cocoa cultivation. It examines the livelihoods of farmers, the labor practices in producing regions, and the sustainability efforts being undertaken to protect the industry's future. The author's analysis extends to the evolving tastes and preferences of consumers, highlighting the growing demand for specialty and premium cocoa products. Ultimately, this book serves as an essential resource for anyone seeking a deeper understanding of the global cocoa industry. Its rigorous research, insightful perspectives, and accessible language make it a valuable contribution to the field of agricultural economics and a compelling read for those interested in the complex world of cocoa production, trade, and consumption. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781390414899_0
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