Senegal awaits bumper peanut harvest this season
Sunday, 14 November 2010
DAKAR, Nov 13 (Commodity Online): West African country Senegal is expecting the 2010-2011 peanut harvest to be its most productive in 35 years and is forecasting good yields for millet and rice.
According to country's agricultural ministry, the harvest will exceed the 1.08 million metric tons of peanuts picked in the 2009-10 season.
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State researchers are currently calculating the expected October-November harvest and the crop is picked again in April, the ministry said.
Peanuts account for 60 per cent of Senegal's agricultural exports, according to the US department of agriculture. Shipments by Suneor, the country's biggest peanut-oil processing company, account for as much as 50 per cent of the world market.
Millet production is expected to exceed the 797,107 tons grown in 2009-2010, and rice output should be more than the 391,271 tons harvested last season.
According to country's agricultural ministry, the harvest will exceed the 1.08 million metric tons of peanuts picked in the 2009-10 season.
Why the volatility in spices complex? Get to know the latest trends in India spot and futures market with insightful analysis.
State researchers are currently calculating the expected October-November harvest and the crop is picked again in April, the ministry said.
Peanuts account for 60 per cent of Senegal's agricultural exports, according to the US department of agriculture. Shipments by Suneor, the country's biggest peanut-oil processing company, account for as much as 50 per cent of the world market.
Millet production is expected to exceed the 797,107 tons grown in 2009-2010, and rice output should be more than the 391,271 tons harvested last season.