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Ivory Coast Cocoa Farmers Concerned About Harmattan Wind’s Impact on Production.

Cocoa farmers in Ivory Coast are raising alarms over the potential negative impact of the strong Harmattan wind on cocoa crops. The Harmattan, a seasonal wind from the Sahara Desert, typically lasts from December to March, bringing dry conditions that can dehydrate the soil and damage cocoa pods.Farmers in key cocoa-growing regions such as Daloa, Yamoussoukro, and Bongouanou have reported below-average rainfall and intensifying Harmattan winds. With little rain last week, they worry that if the dry conditions persist for another two weeks, cocoa tree leaves will dry out, leading to lower yields starting in February.“There is no rain, and if the Harmattan remains strong, tree yields will be low,” said Albert N’Zue, a farmer near Daloa.Meanwhile, farmers in regions like Abengourou, where rainfall was significantly above the five-year average, are optimistic. “We’ve had enough rain, which will help trees […]

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Ghana Increases Cocoa Price for Third Time in 9 Months to GH₵49,600 per Tonne.

In response to ongoing cocoa price fluctuations on the global market, the Ghanaian government has raised the cocoa farmgate price to GH₵49,600 per tonne, effective November 8, marking the third increase in the past nine months. The recent 3.3% adjustment aims to offer cocoa farmers fairer compensation and strengthen their position within the competitive global cocoa market.The Ghana Cocoa Board (COCOBOD) confirmed that this increase would boost the confidence of over 800,000 cocoa farmers and provide greater income stability. Local farmer associations lauded the price hike, though they also called for a consistent supply of agrochemicals to optimize cocoa yields. Ghana has seen a steady decline in cocoa output due to factors such as unfavorable weather, illegal mining, and smuggling, which have reduced production targets for the new season.

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Cocoa Farmers in Ghana Hoard Beans Amid Price Hike Anticipation.

Cocoa farmers in Ghana, the world's second-largest cocoa producer, are currently hoarding beans in anticipation of higher prices, as confirmed by industry sources to Reuters. This trend of stocking beans may impact the global cocoa supply, which is still recovering from a challenging harvest season.The extent of this hoarding remains unclear, but multiple farmers and officials from the state regulator Cocobod have noted a slowdown in bean purchases due to this practice. One farmer shared, “I have more than 300 bags, but I won’t sell. I will only sell after Christmas,” reflecting a collective hope that prices will rise.This behavior seems to stem from remarks made by Vice President Mahamudu Bawumia, who suggested a potential increase in prices for farmers. Although Bawumia later clarified that there would be no price adjustment unless there is a significant price disparity with neighboring […]

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Cocoa Crisis: Disease Ravages Ghana’s Western North Region, Slashes Harvest.

A devastating cocoa disease, the swollen shoot virus, has severely impacted Ghana’s Western North, with 81% of the region’s cocoa trees infected. Ghana, the world's second-largest cocoa producer, reported a poor harvest of just 429,323 tons, worsened by climate change-induced heatwaves. The virus kills cocoa trees within a few years, forcing farmers to replant after soil treatment. Combined with the black pod disease, this has caused global cocoa shortages, leading to a spike in chocolate prices, particularly in the US and UK.

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Cocoa Abrabopa Disburses GH¢11.5 Million Premium to Cocoa Farmers.

The Cocoa Abrabopa Association (CAA), a farmer-based organization, has distributed a total of GH¢11.5 million in premium payments to 7,500 cocoa farmers across five cocoa-growing regions in Ghana. This payment is part of the association’s commitment to supporting sustainable farming practices and improving the livelihoods of cocoa farmers.This premium, known as the "Sustainability Differential," is an additional cash incentive given to farmers who meet the Rainforest Alliance Certification Programme (RACP) standards. For the 2023/2024 crop season, farmers received an extra GH¢65 per bag of certified cocoa, an increase from last year’s GH¢52.50 per bag, amounting to a total premium of GH¢9.2 million.The RACP initiative aims to promote higher cocoa yields, environmental sustainability, and adherence to human rights protocols in the cocoa farming sector. The beneficiary farmers are spread across 39 operational areas in the Ashanti, Eastern, Western, Western-North, and Volta […]

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