Cocoa merchants are looking for ancient school meters in the disturbances

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(Bloomberg) – Eddie Arthur has spent a century of the button from the farm to the farm to the farm every day to stare in the trees and calculate the number of centuries they have.

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At each station, the number is recorded from a handful of trees, and monitors flowers that can eventually grow for centuries the size of the knee ball and track how dry or wet ground. Regardless of weather conditions or road, the process is repeated in about 20 farms per day to collect data that helps to predict the size of the total harvest.

The job has not changed for decades. But the service provided by POD meters such as Arthur in Forestero has become more important than ever as hedge and chocolate boxes are trying to measure production in a market that was shaken due to an unprecedented shortage.

“With every visit to the farm, you have a better idea of ​​how to advance the season,” said Arthur in Gaanio on Ivory Coast, where the centuries before the middle of this year were calculated. “I have done so for many years that it has become part of my hobbies. But I treat every trip with the same level of seriousness and attention.”

Future contracts rose to a record last year after bad weather conditions in crops in the largest farmers of Ivory Coast and Ghana. She surprised the intensity of the intensity of the experienced market players, caused chaos in the global supply chain in cocoa and gave a reminder of the extent of the exacerbation of the exacerbation due to climate change.

This prompts people to pay more attention to Count data to get an idea about production in an industry in which supply data is relatively rare.

“Counting the Qurna was important for more than 50 years, but some have chosen to ignore data,” said Steve Watridge, head of research on tropical research services by Expana, who is also the pods. “People are satisfied with low prices. Now, there is more attention after people have been arrested in what happened in the past 18 months.”

It is extremely difficult to get an idea of ​​the supply image in the unusual cocoa industry from other major crops such as wheat or sugar. This is due to a lower amount of dominant players and because governments in the Ivory Coast and Ghana – which are closely organized – rarely publish the display numbers.

For this reason, POD meters such as Arthur can provide valuable vision.



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