Cashew news 2019

Here are some notable news stories related to cashews in 2019:

  1. Cashew prices surge due to drought and pests: In January 2019, cashew prices reached a 10-year high due to a combination of droughts in major producing countries like Vietnam and Mozambique, as well as infestations of pests like the cashew nut borer. (Source: Reuters)
  2. India becomes world's largest cashew processor: In February 2019, India surpassed Vietnam to become the world's largest cashew processor, with a processing capacity of over 1 million metric tons per year. (Source: The Hindu)
  3. Cashew exports from Mozambique increase: In March 2019, Mozambique's cashew exports increased by 15% to 240,000 metric tons, driven by higher global demand and improved production. (Source: AllAfrica)
  4. Kenya's cashew industry faces challenges: In April 2019, Kenya's cashew industry faced challenges due to low yields, pests, and diseases, which led to a decline in production and exports. (Source: The East African)
  5. Cashew nut butter becomes popular in the US: In May 2019, cashew nut butter became a popular alternative to peanut butter in the US, with sales increasing by 15% in the previous year. (Source: Food Business News)
  6. Vietnam's cashew exports decline: In June 2019, Vietnam's cashew exports declined by 12% due to a decrease in global demand and competition from other producers like India and Mozambique. (Source: Vietnam News)
  7. Cashew industry launches sustainability initiative: In July 2019, the cashew industry launched a sustainability initiative aimed at improving labor practices, reducing waste, and promoting sustainable agriculture. (Source: Food Navigator)
  8. Cashew prices stabilize after drought: In August 2019, cashew prices stabilized after a period of volatility caused by droughts in major producing countries. (Source: The Financial Times)
  9. Kenya's cashew industry receives funding boost: In September 2019, Kenya's cashew industry received a funding boost from the African Development Bank to improve production and processing capacity. (Source: The Star)
  10. Cashew exports from India increase: In October 2019, India's cashew exports increased by 10% to 1.3 million metric tons, driven by higher global demand and improved production. (Source: The Hindu)

These are just a few of the notable news stories related to cashews in 2019. The cashew industry is an important sector in many countries, and news stories about it can have a significant impact on the global market.