{"id":20283,"date":"2024-05-03T09:41:51","date_gmt":"2024-05-03T09:41:51","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=20283"},"modified":"2024-05-03T09:41:53","modified_gmt":"2024-05-03T09:41:53","slug":"farmers-sleepless-as-cocoa-prices-soar-in-busoga-uganda","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2024\/05\/03\/farmers-sleepless-as-cocoa-prices-soar-in-busoga-uganda\/","title":{"rendered":"Farmers sleepless as cocoa prices soar in Busoga, Uganda"},"content":{"rendered":"\n<p>Reports from Busoga sub-region in eastern Uganda reveal that farmers are&nbsp;<a href=\"https:\/\/www.thetimes.co.uk\/article\/ugandan-farmers-sleep-with-their-cocoa-crops-as-beans-soar-in-value-7mg02jqqf\"><u>keeping awake<\/u><\/a>&nbsp;nights to guard their cocoa beans amid record&nbsp;<a href=\"#:~:text=Uganda%20Cocoa%20Beans%20Prices%201%20Wholesale%20prices%20In,4%20Export%20values%20for%20Uganda%20cocoa%20beans%20\"><u>high prices<\/u><\/a>.&nbsp;<\/p>\n\n\n\n<p>Even though global prices have decreased to $7,871 a tonne on May 3, they are still 93.8% more than in January 2024.&nbsp;<\/p>\n\n\n\n<p>Busoga districts including Mayuge, Kamuli and Jinja have become a hot topic recently after farm gate prices for their cocoa tripled. Farmers who earned 8,000 shillings ($2.11) in 2023 were reaping up to&nbsp;<a href=\"#:~:text=Farmers%20in%20Busoga%20Sub-region%20are%20rejoicing%20after%20the,the%20past%20complained%20about%20the%20low%20cocoa%20prices.\"><u>31,000 shillings<\/u><\/a>&nbsp;($8.16) per kg by mid-April 2024.&nbsp;<\/p>\n\n\n\n<p>According to the chairman of Jinja District Cocoa Growers Association, &nbsp;Michael Zagenda, rates have never been better here since&nbsp;<a href=\"#:~:text=Farmers%20in%20Busoga%20Sub-region%20are%20rejoicing%20after%20the,the%20past%20complained%20about%20the%20low%20cocoa%20prices.\"><u>1968<\/u><\/a>. &nbsp;In a word, the city on the shores of Lake Victoria is experiencing triple cocoa prices in a year.&nbsp;<\/p>\n\n\n\n<p>This is despite the fact that Busoga is not the only growing belt. The crop thrives mostly in central, southeastern, southwestern and western Uganda.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-thieves-enter\"><strong>Thieves Enter<\/strong><strong><\/strong><\/h3>\n\n\n\n<p>With such lucrative deals for cocoa growers, it is no wonder then that petty pilfers are eager to cash in.&nbsp;<\/p>\n\n\n\n<p>A BBC Live story on May 1, 2024 revealed that farmers were beefing up security on their farms to avert losses.<\/p>\n\n\n\n<p>An export firm suggests that&nbsp;<a href=\"#:~:text=Some%20farmers%20in%20Uganda%20have%20hired%20gunmen%20to,the%20biggest%20producers%20of%20cocoa%20in%20the%20world.\"><u>30%&nbsp;<\/u><\/a>of cocoa beans in Uganda are under threat of stealing if farmers lack vigilance.<\/p>\n\n\n\n<p>Mutanga Grace of Mkulima Exports Uganda avers that pilfering just a few beans is still a lot for expensive produce.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-fourth-biggest-foreign-revenue-earner-in-uganda\"><strong>Fourth Biggest Foreign Revenue Earner in Uganda<\/strong><strong><\/strong><\/h3>\n\n\n\n<p>Although belatedly stealing the spotlight, cocoa has always been a major crop in Uganda since the 1990s\u2019 farm liberalization.<\/p>\n\n\n\n<p>In 2023, cocoa beans&nbsp;<a href=\"https:\/\/naads.or.ug\/crop\/seeds\/cocoa\/\"><u>ranked fourth<\/u><\/a>&nbsp;after tea, coffee and fish as Uganda\u2019s biggest foreign revenue generators. &nbsp;The country exports its harvest in the form of raw beans to Europe, especially the Netherlands.<\/p>\n\n\n\n<p>Besides foreign revenue, Uganda\u2019s cocoa-chocolate value chain via local supermarkets generates at least<a href=\"https:\/\/www.statista.com\/outlook\/cmo\/hot-drinks\/cocoa\/uganda\"><u>\u00a0$8.3 million<\/u><\/a>\u00a0per year.<\/p>\n\n\n\n<p>With this extensive revenue base, it is therefore quite understandable that stealing cocoa beans in Busoga has lately surfaced.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reports from Busoga sub-region in eastern Uganda reveal that farmers are&nbsp;keeping awake&nbsp;nights to guard their cocoa beans amid record&nbsp;high prices.&nbsp; Even though global prices have decreased to $7,871 a tonne on May 3, they are still 93.8% more than in January 2024.&nbsp; Busoga districts including Mayuge, Kamuli and Jinja have become a hot topic recently&#8230;<\/p>\n","protected":false},"author":3,"featured_media":19780,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.3 (Yoast SEO v20.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Farmers sleepless as cocoa prices soar in Busoga, Uganda - Selina Wamucii | Food &amp; Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2024\/05\/03\/farmers-sleepless-as-cocoa-prices-soar-in-busoga-uganda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Farmers sleepless as cocoa prices soar in Busoga, Uganda - Selina Wamucii | Food &amp; 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