Tuesday, July 8, 2014

Vanilla Crop

"The crop should begin in June"

There is very little interest from our local vanilla farmers. The crop should begin in June, but once again after witnessing the past 10 years, it will be a poor one (around 100 MT). Though market prices have moved up in the past couple years, only a minority of farmers are really committed. Most farmers feel they can earn more money growing cocoa, chili, coffee … Besides a disappointing local crop there is still a large carryover inventory from previous years.

 The Price is still $25.00 per 1/4 LBS for our Madagascar Vanilla 

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