Today, it is quite challenging for cocoa farmers to find stable prices for their cocoa beans. This was highlighted by Sefanaia Nakidakida during a presentation at the agricultural show held in Valelevu, Nasinu, this week.
He revealed that 82 different cocoa varieties are currently being cultivated in research plots, with only 16 varieties selected for commercial production, showing promising growth potential. However, farmers are experiencing significant difficulties in reviving cocoa prices to ensure profitability.
Currently, the market appears to be stagnant, with only niche markets for flavored cocoa emerging, while various cocoa products are also being developed to meet market demands.
“We are a small nation and need to revive the cocoa industry as it has much to offer us,” he stated, emphasizing that both men and women have roles in cocoa cultivation. He noted that if properly managed, cocoa plants could yield fruits within three to five years.
He also mentioned the introduction of a new cocoa variety that would begin fruiting in two years. At present, cocoa is being sold at $10 per kilogram, with the potential price rising to $30 per kilogram for higher quality beans.
Nakidakida urged farmers to consider this as an opportunity and to explore cocoa cultivation further since prices are on the rise.