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ICoast cashew farmers seek fixed price after 'disastrous' year

Ivory Coast's cashew producers called today for a fixed price that would allow them to make money this year, after a "disastrous" last season for the world's biggest producer of the tasty nuts.

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Ivory Coast's cashew producers called today for a fixed price that would allow them to make money this year, after a "disastrous" last season for the world's biggest producer of the tasty nuts.

In 2016 the country produced 725,000 tonnes at the start of the harvest season, marred by clashes between farmers which left 33 people dead.

Ivory Coast beat India last year while global production is 2.9 million tonnes, according to figures from the Cotton-Cashew Council, which manages the sector.

Over the same period the price paid to producers was 350 CFA francs (0.53 euro) per kilo, seen as low compared to neighbouring countries.

This year they want a "sale price which makes money," industry officials said days before the start of this year's harvest in mid-February.

"We have to fix good prices. Something which would have to be bought for 600 CFA francs (0.9 euros), if it is sold for half the price it upsets the sector," said Mamoudou Meite of the international cashew federation Filcajou, which represents over half of the producers.

He told

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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