Time to cash in on the coconut industry

Jun 19, 2024 Letters

Dear Editor,

Kaieteur News – No doubt about it. The coconut culture runs deep across the Caribbean and South America. From coconut water to coconut milk and coconut cream and other by-products, even the husks are put to good use in making crafts or for household uses. Its importance is the reason for a collaboration between the Food and Agriculture Organization of the United Nations (FAO) and the Government of St Lucia in developing the Coconut Value Chain.

Here in Guyana, I think we are beginning to ‘get the drift,’ and I am quite pleased that the People’s Progressive Party/Civic Government recently distributed some high-yield coconut plants to Pomeroon farmers. On the local scene, this means a major boost to the coconut industry in the Pomeroon River Region, Region Two (Pomeroon-Supenaam). Details show that Agriculture Minister, Zulfikar Mustapha, actually announced that the Government will make available some 3000 high-yield coconut plants to local farmers. In the opening phase, over 120 farmers each received 25 Brazilian Green Dwarf coconut plants and this forms a part of the first phase of a larger project. And as we recall, the distribution is really a follow-up on a commitment made six months ago, with the aim of improving the quality and yield of coconuts in Pomeroon.

What we really need to grasp is that coconut is not just about a nice way to slake our thirst. In terms of commerce, the global coconut industry was worth a staggering $4,512 million in 2023 and is set to top $31 billion by 2026. The industry has in fact seen a huge rate of growth with growing demand from countries like the USA, UK, Germany and other European countries seeking coconut products from tropical climes, which means potential for the local industry, more so, as the industry is expected to increase at a remarkable rate each year.

As a huge plus is that coconut farming is not only highly lucrative and quite thriving in many countries especially in Asia, Africa and in Europe, but overall, coconut plantations are actually good for local ecosystems. For example, they can stabilise soil. Importantly, coconuts are vegan and there is no harm to animals.

Guyana has the land space and the soil and weather are quite accommodating, so this thrust from the Government is something to really capitalise on. During the exercise, Minister Mustapha carefully highlighted that the Brazilian Green Dwarf variety is the way to go, as it will produce approximately 240 coconuts per tree annually. This represents a significant increase from the current 160 coconuts per tree in Guyana. Adding more value to the actual numbers, the said variety produces a much higher water content, that is, around 700-750 ml compared to the 300-350 ml from local varieties.

This kind of proliferation in numbers of nuts and quantity of water lends impetus to realising the dream of the sector, which is “… not only to enhance coconut production but to revitalize the entire coconut industry in Guyana … (as according to the Agri Head), This sector has the potential to be highly lucrative, and we have the potential to supply markets throughout the Caribbean.” No wonder Mustapha, via his Ministry, has already imported over 60,000 high-yield coconuts from Brazil, and there are plans to import another 40,000 from Mexico. This is big and on such a large scale investment, it means that the designated 6000 acres for coconut farming will be maximised.

Yours truly,

HB Singh

coconut industry, HB Singh., Letters, Pomeroon farmers

Latest News

Time to cash in on the coconut industry

Related

Similar Articles

The Glenn Lall Show | November, 15th, 2024

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Glasgow sets new scoring record as Golden Jaguars settle Barbados 4-1

Delroy Tyrrell’s fight to swim for Guyana...

V&V Distributors joins the cast of sponsors...

Caesar and company helps Jags’ roar to finals...

RHTYSC Cricket teams preparing for 34th...

Guyana Badminton team delivers strong...

Features/Columnists

Where is the talent in the PPP?

Rising Gun Crimes in the Caribbean: Urgent Action required by all

Concerned about the president

Publisher’s Note

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]

Time to cash in on the coconut industry

Share this:

Related

Similar Articles

The Glenn Lall Show | November, 15th, 2024

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Features/Columnists

Publisher’s Note

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]