Journalist Caroline Popavic from Martinique la 1ère filmed a feature about coconuts in Guyana. The documentary (in French) tells the story of the rise of Guyana’s coconut sector from the perspective of both smallholder farmers and large integrated companies.
In a new report on the global coconut industry, Agronomy Capital Advisors argue that the industry is separating into “well-funded, progressive and vertically integrated agro-industrial coconut producers” and “dispersed smallholder production”.
The report adds that “very small (less than 1 hectare) and widely scattered, subsistence farms across Asia … account for more than 70% of the global coconut crop”. These are ageing and low-yielding estates (the Philippines average yield is less than 4MT/ha) in areas with “near-impossible logistics” and basic local processing facilities.
In comparison, South America - led by innovation and scale in Brazil - benefits from “technologically based farming, with advanced irrigation systems and high yielding varietals, purpose bred for specific product niches” and “a sophisticated modern distribution network”.
Pomeroon Trading is featured on page 55 and one of the report’s authors visited The Stoll Estate (Guyana) as part of an on-going collaboration.
You can download the report in full HERE
Initiative 20x20 is a country-led effort seeking to change the dynamics of land degradation in Latin America and the Caribbean by bringing 20 million hectares of land into restoration by 2020.
Pomeroon Trading was invited to join by the World Resources Institute as a Financial Partner. Our Stoll Estate in Guyana will be showcased as a restoration project that delivers valuable social and environmental benefits as well as ensuring the protection of pristine lands at risk of degradation. This is the first such project recognised in Guyana.
The initiative — launched formally at COP 20 in Lima — supports the Bonn Challenge, a global commitment to bring 150 million hectares of the world’s deforested and degraded land into restoration by 2020, and 350 million hectares by 2030.
Land restoration can increase food productivity and security for an estimated 49 million under-nourished people in Latin America and the Caribbean
Latin America and the Caribbean account for about half of the world’s remaining tropical and southern temperate forests
Guyana - with its fertile lands and strategic position outside of the hurricane belt - is ideally positioned to become a major supplier of coconut water to the North American Market.
On a visit to Pomeroon Trading’s Stoll Estate, Minister of Business Dominic Gaskin said the Guyanese coconut industry is on the brink: “with the right injection of new ideas, pilot projects and new funding, the industry can become a major contributor to the Guyanese economy”
See the Guyana Chronicle article here
Pomeroon Trading designed and sponsored a Women’s Empowerment Seminar Series in Guyana. The workshop – held for 50 women from the community – included presentations on gender equality, entrepreneurship and accessing finance.
The seminar is part of the Women's Empowerment and Development Strengthening Project, an initiative to promote the socio-economic development of women by building an environment for social change in targeted rural areas.
In addition, there was cervical cancer screening services offered free of charge to all women. The project was run in conjunction with the Ministry for Social Protection and the Cancer Association of Guyana.
For more information, read media coverage of the event here
"Coconut Output to Quadruple by 2025"
A detailed article published by the Stabroek News covering the rapidly growing interest from the international investor community in Guyanese coconuts. The article also features the "Lead Farmer" programme, an initiative to "catalyze business alliance formation" between smallholder farmers and larger farmers. Pomeroon Trading has been a Lead Farmer since the inception of the programme. See the full article here.
Pomeroon is looking for Chief Operations Officer to run our day-to-day business in the Caribbean. You will manage our operations across different agricultural assets, lead our expansion efforts, and be our representative in the region.
See the full job description here and apply to join our team!
One of the largest challenges facing the Caribbean coconut sector is supply of good-quality planting material. Pomeroon Trading is changing this.
In December 2017 we began work on the Pomeroon Seedling Nursery – a venture we believe will become the Caribbean’s largest private sector nursery.
The availability of coconut seedlings is one of the key reasons for underperformance in the Guyanese coconut sector so we are tackling this problem at the most fundamental level. Existing estates are often ageing and unproductive: without the right planting materials the industry cannot revitalise.
We are delighted to be partnering with The National Agricultural Research & Extension Institute of Guyana (NAREI), and the Caribbean Agricultural Research and Development Institute (CARDI). The organisations play critical roles in spreading knowledge amongst smallholder farmers. Their expertise and grassroots engagement in selecting the best seed-nuts from across the Pomeroon will ensure we are growing only the strongest and most productive coconut trees in the coming decades.
Once selected, seed-nuts are classified and graded for quality. Our team plants only the top-tier nuts in our nursery, located at the Stoll Estate. They will grow for 3-6 months in the fertile soil before being transplanted out to the fields where they will blossom into the next generation of mature coconut palms.
For more information, see an article here published by Kaiteur News, Guyana
Pomeroon Trading is featured in the Guyana Chronicle.
The expansive article covers the Pomeroon Coconut Nursery, plans for processing facilities, and the fertility of the Pomeroon region. See the full article here
Pomeroon CEO, Duncan Turnbull, argues in the Global AgInvesting Magazine, that as the Guyanese sugar industry is in terminal decline there is home from the sugar industry.
Cane sugar has dominated more than just the Caribbean landscape: it is fundamental to the socio-economic fabric of the region. As Guyana prepares to turn off the sugar industry’s life support, another industry is awakening. Coconut exports, in metric tonnes, have increased by a factor of 40 since 2008 and farm gate prices have tripled.
See full article here
Pomeroon Trading has a strong community outreach program focused on education and female empowerment. Our first community project - completed in February 2018 - was building a dining room at Hackney Primary School.
Prior to the new dining room, the children had to eat outside (in the direct sun) or inside (thereby dirtying the classroom) as there was no dedicated dining area. The new beautiful wooden dining room will accommodate all children and teachers, thereby facilitating the existing feeding program and teaching of dining etiquette.
On Tuesday 6th February 2018, Hackney Primary School and Pomeroon Trading celebrated a joyous Opening and Blessing Ceremony of a newly donated dining room. Over 50 guests from across the world arrived in the Pomeroon and were treated to a magnificent celebration of song, dance, speeches, prayer and happiness.
Hackney School is in The Pomeroon, Region 2, about 30 minutes along the river towards at the Atlantic Coast from Charity. The school educates 69 children (33 boys and 36 girls) aged between five and twelve. Under the excellent guidance of the Headmistress, Miss Verna Naomi Jack, they teach Maths, English, Literature, Social Studies, Science, Physical Education, Arts and Craft, Health and Family Life.
For Mr Ted English, a carpenter from the Pomeroon who worked on the dining room, it was a particularly special project: as a child he was a pupil at Hackney Primary School!
All children deserve a nutritious lunch in a clean and safe environment: this improves educational attainment and reduces truancy. We’re delighted to do our part and work with Hackney Primary School to foster education in the Pomeroon.
Read more about The Blessing Ceremony here