Tuesday, August 21, 2012

CARDAMOM SPICE FUTURES PRICES effecting Belize growing choices.

CARDAMOM SPICE FUTURES ARE SHOWING STRENGTH.   ANTICIPATION OF THE MONSOON SEASON EFFECTING PRODUCTION IN KERALA, INDIA.  NEXT YEAR SEASONAL CROPS ARE EXPECTED ALSO TO BE LESS AVAILABLE.

  There are a number of varities of CARDAMOM.  Nearby Guatemala produces about 2,200 tons a year and the spice growing is continuing to expand.  The lower quality, Guatemala type of cardamom spice, brings about $5.38 USA per kilogram.  While the best variety out of India, gets $18.85 USA per kilogram.  There are even some types of cardamom that are not traded in the futures markets at all.

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