Quality issues shadow Ivory Coast’s cocoa boom
Despite record rainfall, Ivory Coast’s cocoa farmers face difficulties with financing and quality control, affecting the overall production.
Quality issues shadow Ivory Coast’s cocoa boom Read More »
Cocoa
Farmers in Ivory Coast optimistic about upcoming cocoa season
Dry weather and high moisture content have created favorable conditions for cocoa development in Ivory Coast.
Farmers in Ivory Coast optimistic about upcoming cocoa season Read More »
Ghana prepares for EU deforestation ban with cocoa traceability
The new traceability system is a key component of the country’s efforts to comply with the EU’s deforestation law.
Ghana prepares for EU deforestation ban with cocoa traceability Read More »
Ghana to raise cocoa farmgate price
Ghana’s cocoa regulator is considering a nearly 45% increase in the state-guaranteed price for cocoa farmers for the 2024/25 crop season, according to Reuters on September 2. If implemented, this would mark the second consecutive price hike. Earlier this year, Ghana raised the farmgate price by 58% to 33,120 Ghana cedis (approximately 2,499 U.S. dollars) per ton, following Côte d’Ivoire’s lead. This adjustment aims to improve farmers’ incomes and curb cocoa bean smuggling. The Ghana Civil Society platform has urged the regulator to set the minimum farmgate price for the 2024/25 season at 3,662 U.S. dollars per ton. The government announces new cocoa prices each September, which apply from the start of the cocoa season in September until August of the following year. This year’s price surge is attributed to increased demand and challenges with cocoa crops in West Africa, including plant diseases and weather-related issues.
Ghana to raise cocoa farmgate price Read More »
Below-average rains hinder Ivory Coast’s cocoa harvest
Despite abundant pods on trees, Ivory Coast’s cocoa harvest is starting slowly due to below-average rainfall.
Below-average rains hinder Ivory Coast’s cocoa harvest Read More »
Ivory Coast to boost support for small cocoa exporters
The aim is to increase their purchasing volumes and make them more competitive in the global market.
Ivory Coast to boost support for small cocoa exporters Read More »
Ghana’s Cocobod ends 3-decade loan, targets local funding
The 2024/25 cocoa season in Ghana is set to begin earlier than usual, with a reduced target of 650,000 tonnes due to unfavorable weather conditions.
Ghana’s Cocobod ends 3-decade loan, targets local funding Read More »
Cocoa prices surge, precious metals drop
Commodity markets saw mixed trend last week except for agricultural group
Cocoa prices surge, precious metals drop Read More »
Ivory Coast regulator tackles fraud in Fairtrade cocoa contracts
Ivory Coast’s market regulator, led by Yves Brahima Kone, aims to combat fraud related to fairtrade certified cocoa contracts.
Ivory Coast regulator tackles fraud in Fairtrade cocoa contracts Read More »
Wet weather and disease hit African cocoa farmers
Cocoa farmers across West Africa are monitoring the progress of several plant diseases that are ruining crops on a vast scale and pushing up the global price of cacao.
Wet weather and disease hit African cocoa farmers Read More »