Cashews: Tanzania offers cashew kernels via online platform

October 14, 2019 at 9:59 AM , Der AUDITOR
Play report as audio

DODOMA. The Ministry of Agriculture of Tanzania is reckoning with a very good production this year and has invested in a new way of marketing RCN. In this way the government aims to maintaing high farmgate prices. Farmes will, in addition, be able to offer RCN to national and international customers.

RCN prodcution to range at 300,000 metric tonnes

The new season 2019/2020 season was officially launched on 30 Setpember. According to the Minister of Agriculture,Japhet Hasunga, RCN production is to range at 300,000 metric tonnes, which is an increase of 76,000 metric tonnes over last year.

An auction-based online trading platform has been launched in a bid to give a lift to farmgate prices. This platform is provided by the TanzaniaMercantile Exchange (TMX). Interested buyers are requested to register in advance with the Cashewnut Board of Tanzania via the Agriculture Trade Management Information System (ATMIS). This enables cashew farmers to offer RCN in the national and international market. Interested parties can purchase between 50 and 500 metric tonnes per auction.

 

View more information
price charts

View related articles

Go to the News Overview
Company News
Feb 15, 2024
LUXEMBOURG. By issuing approval on 14 February chocolate and confectionary giant Ferrero wrapped up the 2022/2023 financial year particularly sweet. Turnover increased by 21% and the global workforce rose by 14%. While new Nutella products were rolled out in the USA, consumers in Europe had a taste for Ferrero-themed ice cream.
Company News
Jan 12, 2024
Dear readers, due to some cases of illness, the publication date of the first AUDITOR issue 2024 has been postponed to 19/01/2024. We apologise for any inconvenience caused.
Company News
Aug 26, 2022
CHICAGO. As Reuters reports the U.S. Department of Agriculture (USDA) had to retract faulty weekly commodities export data on Thursday morning that generated a high degree of uncertainty in the futures market and forced some analysts to have to issue embarrassing apologies to their clients.
Company News
Dec 24, 2021
SEEHEIM. The Mundus Agri team wishes you a relaxing holiday season and a good start to the new year. For this reason, CEO Jakob Megow would like to thank you personally.