Article

2004-11-07 Home Front: Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Seafarious 2004-11-07 11:18:38 AM|| || Front Page|| [2 views since 2007-05-07] Top

#1 It's pretty rude to scoop Mark on a price story.

Posted by Mrs. Davis 2004-11-07 12:46:31 PM|| 2004-11-07 12:46:31 PM|| Front Page Top

#2 Neener neener.

Posted by Seafarious 2004-11-07 1:00:47 PM|| 2004-11-07 1:00:47 PM|| Front Page Top

#3 Sea, you are on the ball! Top notch posting. Now I want some M&M'S after looking at the picture :)

Look at that, an 11% price surge and most of it was toward the end of the week. I saw the same type of price trending in 2002 when the West African nation slide into a similar situation between domestic waring factions. Monday we can expect a surge in prices again.

The cocoa crop is harvested beginning in September and was compleated a few weeks ago thus the market concern. The cocoa beans like coffee, which also grows in the Ivory Coast need to be dried. The cocoa trees offer shade to the coffee bushes thus two of the nation's main sources of exported income are in question now.(Check the link, which I consider one of the most detailed on the global cocoa bean crop)

Mrs D. We can equant the threat to Ivory Coast's estimated 40% of world-wide cocoa production with possible supply disruptions to Saudi & Iranian crude oil supplies sometime in 2005. Prices for these vital natural recourses, when vast concintrations are centralized in one or two geographic zones are threatened with a cut off exports. Prices climb quickly based on fear of the unknown outlook. I was busy with the cocoa situation on a website which focuses on commodities.

The BBC although recently having suffered a black eye for biasied reporting over the Iraq, has been one of the best news sources on the continuing delemia in the Ivory Coast, a nation that was once viewed as an economic model, when the Israelis worked closly on farming production issues in the era of FÃ©lix HouphouÃ«t-Boigny 1960-1993.

Posted by Mark Espinola 2004-11-07 3:01:33 PM|| [http://www.icco.org/questions/drying.htm] 2004-11-07 3:01:33 PM|| Front Page Top

#4 Look for the Belgians to get involved soon. Their national interests are at stake here.

Posted by tu3031 2004-11-07 3:34:48 PM|| 2004-11-07 3:34:48 PM|| Front Page Top

#5 Nothing to worry about. I eat on the bus.

Posted by Shipman 2004-11-07 6:00:06 PM|| 2004-11-07 6:00:06 PM|| Front Page Top

00:50 Mike Kozlowski
00:04 Zenster
23:52 mom
23:35 Zhang Fei
23:29 Alaska Paul
23:21 BigEd
23:19 Fred
23:16 Strategic Armchair Command
23:16 BigEd
23:10 Rafael
23:08 AzCat
23:08 Rafael
23:04 Zhang Fei
22:56 Robert Crawford
22:55 Beau
22:54 Robert Crawford
22:54 Zhang Fei
22:41 Beau
22:41 Onionman
22:40 A Jackson
22:32 Barbara Skolaut
22:21 rkb
22:19 Rafael
22:17 Robert Crawford