Bizman: Fluctuating prices in cacao, a challenge

PRICE fluctuation of cacao dried seeds remain to be one of the challenges in the industry brought about by its increasing supply and demand, said Pine Valley Farm proprietor.

On the sidelines of a press conference on Tuesday, April 3, at Frog Kaffee, Pine Valley Farm proprietor Delio Cesar said out of his 11-hectare farm, he allotted four hectares for cacao.

“I decided to plant cacao because the price then was good. It was at P150 per kilo. So we were encouraged to plant. But the sad part is that it decreases when, perhaps, a lot are already planting it,” he said.

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