7 News Belize

Counting On Coconuts
posted (February 23, 2017)
The consumer price index doesn't track the price of coconuts, since that is a small, informal trade. And it doesn't show up on the breakdown of imports and exports. But the Minister of Agriculture is hoping that changes. On Monday, Godwin Hulse told us about a new export initiative for fresh coconuts:...

Hon. Godwin Hulse, Minister of Agriculture
"4,500 acres under cultivation. There is coconut being exported whole in a little packet with a straw that you strike in the top and drink the juice. I understand it has a 30-day shelf life, it's going to the US and other people are planting coconuts. It an industry we want to hope to balloon. There is a company called Texbel in the south that's doing it. There is one up north by Sergio Marroquin, who is also doing it and it's a project that will blossom across the country. It's one of the young new exports that we would hope to push on."

In 2015, there were 2,000 acres of coconut in production producing 8 million nuts. At the time, that figure was expected to double.

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