General tso's chicken and orange flavored beef.įried shrimp enfolded in bacon Chinese style, sauteed w. assorted vegetables.Ī savory blend of shrimp, chicken, beef and pork, along with mushroom, water chestnuts, bamboo shoots and seasonal vegetable in brown sauce. jumbo shrimp, chicken and beef, garden vegetable in brown sauce.įresh lobster meat, scallops, shrimp and squid sauteed w. Broccoli or Mixed Vegetableįresh lobster, shrimp, chicken, pork and beef w. Celery & Blue Cheese)Ĭhow Fun (Flat Noodles) or Chow Main Fun (Thin Noodles)Ĭ14. Fried or Steamed Vegetable Dumpling (6)Ģ8. Yat Gaw Mein (Shrimp, Pork, Chicken or Beef)Ģ6. We don't have enough money to continue," said a director of a separate processor in Bouake.480 NJ-28, Bridgewater Township, NJ 08807ġ1. "By July, we will most likely close down. Our suppliers are demanding their money, but we are in the red," said the director of a processing plant in Bouake who asked to remain anonymous. "It's been two months since we stopped producing anything. But slump in demand and low prices have pushed them to the verge of bankruptcy. In Bouake, the heart of the country's cashew processing industry, work has come to a near standstill as employers struggle to pay salaries.įactories had flourished in the boom years, some borrowing heavily in response to the government's plan to boost local processing. This has hit Ivory Coast's cashew value chain, plunging it into an unprecedented crisis despite government subsidies and export incentives to local processors to remain competitive. Rajaraman said minimum price guarantees, together with historic price highs during 2016-2018 spurred an uptake in cashew farming with acreage and supply growing across producing countries, creating a stock surplus that has depressed prices. Production has risen in other countries during the same period, said Ganesh Rajaraman of Olam Food Ingredients, a unit of agri-food giant Olam Group (OLAG.SI). Output rose from 400,000 tonnes in 2011 to 1 million tonnes in 2022, and is expected at the same level in 2023. Ivory Coast, the world's biggest cocoa producer, has become the leading global cashew producer. "Cashew is rotting in our hands," said Ibrahim Coulibaly, who owns a 7-hectare farm in Korhogo. In Katiola and other Ivory Coast towns such as Bouake, Korhogo, Odienne and Bondoukou, where 80% of the country's cashew output is produced, farmers and buyers hold unsold stocks from the past two seasons due to a lack of industrial buyers. No one wants to pay, so the entire harvest remains with us," said Dembele, who owns a 10-hectare farm.ĭembele lost 20 million CFA francs ($33,000) during the 2022 season after buying nuts he could not resell to wholesale processors. "No one wants to buy cashew, even if I ask for 150 CFA francs per kilogram ($0.24) instead of the farmgate price of 315 CFA francs. This has led to a price slump, according to farmers, buyers and sector experts. Global demand for cashew nuts, eaten as snacks or used for cooking and desserts, has tumbled since the end of the coronavirus pandemic, driven by multiple factors, including consumer inflation and increased production. KATIOLA, Ivory Coast, June 5 (Reuters) - Drissa Dembele, a farmer and buyer of raw cashews, surveyed unshelled nuts he had spread out to dry on a tarpaulin in a dusty courtyard, unsure of when he would sell them.ĭembele, a 36-year-old father of two, had sold only five bags of nuts since the start of the season in March, compared with around 20 bags over the same period in previous years.
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