Removing constraints within the cocoa industry of Trinidad and Tobago
1986
Pemberton, C.A. (West Indies Univ., St. Augustine (Trinidad and Tobago). Dept. of Agricultural Economics and Farm Management)
Argues that the cocoa industry of Trinidad and Tobago can be resuscitated by a revitalized Cocoa and Coffee Industry Board. From producing 10.4 percent of total world cocoa production in 1900, by 1980 Trinidad and Tobago was producing only 0.16 percent. Reasons for the decline in the Cocoa Industry include: low prices, witches broom disease, loss of cocoa lands to non agricultural uses, movement of labour away from agriculture, price fluctuation and its contribution to uncertainly in the industry and the general lack of investment by farmers to rehabilitate their cocoa estates. The future of the Cocoa Industry: the loss of cocoa lands currently limits cocoa production to approximately 90,000 acres. The problem of price fluctuations has been addressed by the introduction of a guaranteed price support mechanism. In absence of a replanting programme, the Cocoa Industry in Trinidad and Tobago will be almost dead by the year 2000.
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