Gov’t Reducing Role in Cocoa Sector

first_imgRelatedGov’t Reducing Role in Cocoa Sector RelatedGov’t Reducing Role in Cocoa Sector By Glenis Rose, JIS Reporter FacebookTwitterWhatsAppEmail MONTEGO BAY — Minister of Industry, Investment and Commerce, Dr. Christopher Tufton, has announced that divestment of the commercial aspects of the Cocoa Industry Board is well underway. Dr. Tufton said that the divestment was essential for the success of the industry, and for the benefit of small rural farmers and the Jamaican economy. “Cocoa, like coffee, is a pervasive ingredient in the economy, food chain and lifestyle of western countries, and is moving eastwards.  In recent years, we have also witnessed the rapid growth in demand for these food products in eastern countries, such as China and India,” Dr. Tufton added. He was delivering the main address on day two of the 2nd Caribbean Fine Cocoa Conference and Chocolate Expo, at the Ritz Carlton Golf and Spa, Rose Hall, Montego Bay on Friday September 16.  He pointed out that the cocoa sector offered exciting prospects for industry, investment and commerce, and that he was pleased to see among the exhibitors, several entrepreneurs who have taken the industrial and commercial initiatives to produce a variety of food and drink items. “The world market for cocoa beans is approximately 3.5 million metric tones, valued at approximately $10.5 billion. Fine and flavoured cocoa, which commands a premium price of more than 25 per cent over the price of bulk cocoa beans, is 5-8 per cent of this market in metric tonnes,” Dr. Tufton said. He noted that it is estimated that Jamaica could sell 1,500 metric tonnes of Fine and Flavoured beans. ‘There is therefore massive scope for output increases … and also vast implications for job growth.  Jamaica currently has approximately 6,000 cocoa farmers, compared to the 1960s and 70s when we had nearly 11,000 farmers,” the Minister observed. Dr. Tufton also noted that, with about three million tourists coming to Jamaica each year and over 12 million visitors to the Caribbean, annually, there was a ready-made market for chocolate products  “right on our doorstep”. “The quality raw material inputs, the processing know-how, the entrepreneurs, the end products on display, indicate a promising future for cocoa and all the products that can be derived from it,” the Minister stated. “I urge the Cocoa Industry Board to partner with existing research facilities, to identify new products, build the business profile and sell these to investors,” Dr. Tufton concluded. Gov’t Reducing Role in Cocoa Sector AgricultureSeptember 19, 2011 RelatedGov’t Reducing Role in Cocoa Sector Advertisementslast_img read more

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Universal Boss to take control

first_imgTHIS afternoon’s O & S Tack Room Trophy feature, at six and a half furlongs, is one of those distances which require a combination of speed, mid-race pace and gumption up the lane to conquer. Anthony Nunes’ UNIVERSAL BOSS has been working like the horse to fit the job description. Stacked with speed horses, the feature appears a nightmare to figure who among the lot will be able to stay the trip, under sustained pressure, or whether the pace will collapse to the benefit of the middle-distance runners. Stablemates ROJORN DI PILOT and LADY BLUE, along with BOLD AFLAIR and UNIVERSAL BOSS, are all front-runners in what could turn out to be a tactical affair, considering the pace could be deliberately scorching. ROJORN DI PILOT’s lone venture beyond six furlongs, last year’s Jamaica Two-Year-Old Stakes, exposes his résumé and possible intent, drawn next to stablemate LADY BLUE, who used her class to win the Thornbird Stakes at seven furlongs and placed second in the 1000 Guineas at a mile behind I AM DI ONE. However, LADY BLUE will need some help to fend off another speedster, Gary Subratie’s BOLD AFLAIR, a United States-bred colt, who has shown a liking for five furlongs straight but won as far as six and a half furlongs second time out. BOLD AFLAIR showed how fast he was on last, chasing home another importee, impressive SPARKLE DIAMOND, a five-furlong straight event in which LADY BLUE had kept her distance from the fray and eventually finished fourth, a performance, which could be attributed to factors such as course, an inside draw against really quick horses, or just plain old not-as-good-as-the-winner, who had spanked her by seven lengths in her previous race. Whatever DaCosta’s intentions are with ROJORN DI PILOT and LADY BLUE, BOLD AFLAIR will be giving them hell on the lead because his stablamate, CRIMSON, who turned for home fourth in the Jamaica St Leger, after being whispered as a dark horse, following his victory two weeks earlier at 10 furlongs, will be the horse coming at the death. Though blessed with natural speed that had his connections confining him to mainly sprint distances, UNIVERSAL BOSS, a full brother to stablemate PATRIARCH and half to BILINGUAL, first showed his worth outside of sprints when he carried SUPREME SOUL to the last half-furlong, going seven and a half, in February. However, because that was a ‘friendly’, UNIVERSAL BOSS wasn’t taken seriously beyond sprints until his last two races, a runaway victory at seven and a half furlongs in June, and a bid at a mile early last month, an event won by stablemate TOONA CILIATA, who returned to run a cracker in the St Leger, losing by a half-length to SUPREME SOUL. Apprentice Reyan Lewis has been tasked with a big job by Nunes because he will be required to avoid the cass-cass on the lead but, at the same time, must stay close enough, using UNIVERSAL BOSS’ natural pace, to time and inject the sub-1:11.0 fractions his mount had clocked in his last two races. Lewis appears to be a quick learner and UNIVERSAL BOSS has been working like a bomb, 1:13.2 for six furlongs on Sunday, and 1:06.1, three Wednesdays ago, beating stablemate PRINCE CHARLES at five and a half. To top it off, UNIVERSAL BOSS has a nice high draw, post-position seven, from which he should have a clear view of the speedsters, making it easier for Lewis to judge the pace. The weight is not bad either, 112lb, for a horse flying at exercise.last_img read more

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