Vanilla beans used to attract very high prices, but as prices fell PNG farmers turned to more lucrative crops like coffee and cocoa.
Adel Yousef is the managing director of food importer Raw Energy.
He’s told Radio Australia’s Pacific Beat program the price swings for vanilla beans have now stabilized.
“In Papua New Guinea, they have three or four main crops that they grow such as cocoa coffee and copra, and I think having vanilla as part of the equation will give them a steady income, and make sure that when prices of other commodities go down they have something to go on,” he said.
