Plantation Develops As Supply Squeeze Looms
​United Cacao Ltd SEZC (UCL), the AIM listed cocoa plantation company with operations in Peru, has announced its interim results for the 6 months to 30th June 2015. UCL is deep into the development of a plantation that will extend to 3,250 hectares (ha) of freehold land zoned for agriculture, when fully planted. Some 70% of the plantation will be cultivated with high yielding clonal varieties imported from Ecuador and the remainder will be given over to fine flavour varieties, some native to Peru. At end June 2015 1,150 ha of the nucleus estate had been planted along with the first 17 ha of out grower orchards, (compares with 556 ha end 2014). UCL owns 3,787 ha (3,602 ha end 2014). By the end of 2015 the company expects to have planted 1,950 ha comprising 1,750 ha of nucleus estate and 200 ha of out growers (Programa Alianza Producción Estratégica Cacao).
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