CropGPT - Ivory Coast and Declining Yields
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Manage episode 413697554 series 3554013
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Ivory Coast - The Heart of Cocoa Production and Declining Yields
- Overview of Côte d'Ivoire's position as the world's leading cocoa producer.
- Discussion on the annual cocoa production of approximately 2 million metric tons and the country's dominance in the global market.
Yield Decline and Contributing Factors:
- Examination of the decline in cocoa yields in Côte d'Ivoire from 700 kg per hectare in 2000 to around 500 kg per hectare in 2022.
- In-depth analysis of the factors leading to this decrease:
- Climate change and its impact on weather patterns, soil moisture, and cocoa tree health.
- The consequences of deforestation, including soil degradation and increased pest populations.
- The challenges posed by aging cocoa trees and the lack of resources for replanting.
- Political instability affecting infrastructure, market access, and sector governance.
Market Turbulence in 2023 and 2024:
- Exploration of the market challenges faced in the last two years, including significant decreases in cocoa shipments and impacts of the Cocoa Swollen Shoot Virus (CSSV).
- Discussion on the record-high cocoa prices in international markets and the supply shortages that have led to dramatic price increases.
- Overview of government interventions in Ivory Coast and Ghana to stabilize cocoa prices and encourage production.
Global Impact and Future Outlook:
- Analysis of the projected decrease in suitable areas for cocoa cultivation by 2050 due to climate change.
- Consideration of the global cocoa market's response to decreased supply from West Africa.
- Predictions for the cocoa industry's sustainability and economic stability.
Additional Resources:
- Links to studies and reports from the International Center for Tropical Agriculture (CIAT) and the World Cocoa Foundation (WCF).
- References to recent legislation such as the European Union’s deforestation regulations.
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