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Cashews: crop estimates for 2021 consolidate

March 29, 2021 at 12:49 PM, Der AUDITOR
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HANOI/ACCRA. In March, the official crop estimates for 2021 are being announced. While declines are expected in Southeast Asia, African origins can score - at least in terms of production volume.

Significantly smaller crop in Vietnam

After many rumours regarding the global cashew crops made the rounds in February, a clearer picture is emerging this month. The harvesting process in Southeast Asia has been delayed by up to four weeks, which represents an opportunity for African producing countries. Vietnam is also expected to have a much smaller crop than last year; the African Cashew Alliance estimates that about 300,000 mt can be harvested. That would be a whopping 30% decline compared to the record crop in 2020 and also sig

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