Farmgate price

Ivory Coast has raised the price it pays farmers for their cocoa above Ghana, even as growers in both countries will continue to receive far less than the global market. The world’s top producer of the chocolate-making ingredient increased…
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Ghana Cocoa Board has announced a 45 percent increment in the producer price of cocoa for the 2024/25 season. This raises the farmgate price from GHS2,070 to GHS3,000 per 64-kilo bag of cocoa beans and GHS48,000 per metric tonne. "We…
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The nation's biggest industry, Ghana's cocoa sector, is in grave danger due to widespread smuggling. Hundreds of thousands of metric tonnes of cocoa are being diverted by the illegal trade, which is having a disastrous effect on farmers,…
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Ghana has increased the cocoa farmgate or producer price for the prevailing 2023/24 season by 58.26%, from GH¢20,928 per tonne to GH¢33,120.00 per tonne for the rest of the 2023/24 cocoa season. This figure translates into…
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Ghana will raise the fixed farmgate price paid to cocoa farmers by up to 50% in an effort to share profits from rising global prices and deter farmers from bean smuggling, a spokesperson at the country's cocoa marketing board Cocobod said…
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The Ivorian Platform for Sustainable Cocoa (PICD), an umbrella group for cocoa cooperatives and civil society organisations, has welcomed the 50% increment in the cocoa farmgate price. The Ivorian government and the regulator…
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An unprecedented scale of cross-border cocoa smuggling activities has rocked Ghana over the last few months. The alarming loss of the country's crop output to illegal merchants said to be operating around the borders with Togo, Burkina…
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Ivory Coast has increased its cocoa farmgate price by 11.1% from 900FCFA to 1,000FCFA ($1.62) per kilogram for the 2023/24 crop season. The minister for agriculture and rural development, Kobenan Kouassi Adjoumani, also announced the new…
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Ivory Coast cocoa farmers have mounted demand for a significant raise in cocoa farmgate prices ahead of the 2023/24 crop season which opens October 1. Ivorian Platform for Sustainable Cocoa (PICD), the official mouthpiece of cocoa…
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Forever and a day, Saturday 9th September, 2023 would remain etched indelibly in the memories of Ghanaian cocoa farmers for a very long time for the glad tidings it brought to their homes. The day was not only a great day but undeniably…
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