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Pepper Market Price and Pepper industry

CARDI to develop initiatives for hot pepper industry
 
Tuesday April 19 2005
 
PORT-OF-SPAIN, Trinidad (CMC) - The Trinidad & Tobago based Caribbean Agricultural Research and Development Institute (CARDI) said it has launched a three-year project for the improvement of the hot pepper industry in the region so as to meet market demands and international competitiveness.

It said hot peppers of the Caribbean have acquired international fame for their use as exotic condiments owing to their unique and excellent tastes, flavours, aromas, pungency and overall superior organoleptic qualities.

"It has been established that the region is well known for producing some of the hottest peppers on the world market," CARDI said.

It said recent market studies indicate that consumers prefer a dark green mature hot pepper, which ripens to either to a red or yellow.

CARDI has recently released a variety called Caribbean CARDI Green, which has offered a medium term solution to farmers.

The US$151,000 project will stabilise indigenous land aces and offer new and improved varieties. Farmers will begin to benefit from the release of seed material for commercial hot pepper production at the end of project year one.

SOURCE: Antigua Sun

PRESS RELEASE

Securing the hot pepper industry

CARDI, in its continuous effort and commitment to develop the hot pepper industry in the Caribbean has launched a three-year project for the improvement of the industry to meet market demands and international competitiveness.

Hot peppers of the Caribbean have acquired international fame for their use as exotic condiments owing to their unique and excellent tastes, flavours, aromas, pungency and overall superior organoleptic qualities. It has been established that the Region is well known for producing some of the hottest peppers on the world market.

Recent market studies indicate that consumers prefer a dark green mature hot pepper, which ripens to either to a red or yellow. CARDI has recently released a variety called Caribbean CARDI Green, which has offered a medium term solution to farmers. The project, which commenced in March 2005, will stabilise indigenous landraces and offer new and improved varieties. Farmers will begin to benefit from the release of seed material for commercial hot pepper production at the end of project year one.

The project also aims to evaluate a number of production systems and make recommendations on each. It is expected that four manuals would be produced and disseminated to farmers and other stakeholders in the Caribbean. These manuals will be in the areas of:

• Hot pepper production

• Hot pepper marketing and trade

• Post harvest handling of hot peppers

• Processing of hot peppers

The forum provides an opportunity for different stakeholders in national and regional research (public and private sectors), producers, organisations, universities, NGOs and the international research systems to discuss institutional, technical-scientific and policy issues of interest to the Region.

CARDI, with over 15 years of research and development in hot peppers is the primary implementing agency and is working in collaboration with the University of the West Indies (UWI), the National Agricultural Marketing and Development Corporation (NAMDEVCO), the Ministry of Agriculture, Land and Marine Resources, (MALMR), IICA and chemical companies in the country.

The project is being funded in the amount of US$151,000 of which US$61,000 is made available under the CARDI/IICA Agreement.

The project is scheduled to conclude in June 2007.

For more information please contact:
Mr. Selwyn E. King
Public Relations and Communications Manager
CARDI.

14 April 2005

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