Ivory Coast is the world's top cashew nut producer with output of , tonnes expected this year. Exporters in Vietnam, which has a major cashew processing industry, buy 70 percent of that production. International prices for cashews have dropped by nearly half since March after consumers in the United States and Saudi Arabia objected to high prices. In response, exporters want to pay less than the state-imposed price for this season. Coulibaly said Ivorian authorities were in discussions with the Vietnamese exporters to insist that they respect the contracts signed in February at the beginning of the cashew-growing season. According to farmers and exporters, between , and , tons of cashew nuts have not been sold because exporters have not been willing to buy at the fixed price. At a warehouse in the commercial capital Abidjan, thousands of bags full of raw cashews lay on the floor awaiting buyers.
Ivory Coast: Africa's cashew nut champions
Number munching: cashew nuts
Production and consumption of agricultural plant commodities has a diverse geographical distribution. Along with climate and corresponding types of vegetation , the economy of a nation also influences the level of agricultural production. Production of some products is highly concentrated in a few countries while other are widely produced. Products with more evenly distributed production see more frequent changes in ranking of the top producers.
How Do Cashews Grow?
Cashews are the nuts produced from the cashew tree. Cashew nuts are a favorite food item around the world, and they are packed with proteins, carbohydrates, and dietary fiber. The cashew tree is native to Brazil. The Portuguese were responsible for spreading the tree in other regions and introduced the cashew tree to India in the s. The cashew tree does well in the tropics between the N and S latitudes and is best-suited in regions which experience a long dry season.
Cashew nuts commonly known as cashews are produced by a tropical evergreen tree known as cashew tree. An ordinary cashew tree can attain a maximum height of 46ft while a dwarf tree grows as high as 20ft. The dwarf trees mature early, and therefore they are more profitable than the normal ones. Cashew nuts were initially indigenous to northeastern Brazil, and the Portuguese colonists began exporting them during the s. Other top producers include Vietnam, India, and Tanzania.