Ivory Coast cocoa glut fuels cross-border smuggling

A cocoa glut in top producer Ivory Coast that has driven down prices and paralysed buying is also fuelling a rise in the smuggling of beans to neighbouring countries, farmers and exporters said on Tuesday.Cocoa has been piling up at Ivorian ... — Read More

Cocobod’s US$1.8bn syndicated loan ready in two-weeks

Ghana Cocoa Board (COCOBOD) says it secured US$1.8 billion syndicated loan from a consortium of banks to allow it purchase cocoa beans for the 2016/2017 crop season beginning next month will hit Bank of Ghana’s account within the next two weeks.“The ... — Read More

Cocoa production is being threatened - Cocobod

The Cocobod has raised the red flag over the unrestrained take-over of cocoa farms and farmlands by small-scale miners and warned that could affect the crop’s production levels.The Reverend Emmanuel Ahia Klotey, Deputy Executive Director of the Cocoa Health and Extension ... — Read More

Transmar Group, Nestle partner to support cocoa farmers

International cocoa trader and processor, Transmar Group and Nestle Ghana are offering cocoa farmers in the Adansi North District of the Ashanti Region an increment in premium price on certified cocoa beans.Farmers are expected to receive GH¢12 annually for each bag ... — Read More

Barry Callebaut reaffirms commitment to cocoa farmers

Barry Callebaut has increased support for Cocoa Horizons in Ghana – the world’s second largest cocoa growing country – as part of its global efforts to secure a sustainable cocoa supply chainCocoa Horizons focuses on farmer education, support and finance to ... — Read More

10m hybrid cocoa seedlings distributed

Over 10 million hybrid cocoa seedlings have been freely distributed to farmers across the Eastern Region as part of efforts to raise the crop’s production level. The Cocoa Health Education Division (CHED) of the Ghana Cocoa Board (Cocobod), spearheading the ... — Read More

Cocoa purchases to increase by 50,000 m/t

Cocoa purchases by the Ghana Cocoa Board (COCOBOD) for the 2016/2017 crop season is to increase by 50,000 metric tonnes over the 850,000 metric tonnes purchased last year. This increase, which brings the expected total purchases for this year to ... — Read More

Parliament approves $2bn for cocoa purchases

Ghana's Parliament has approved a two billion dollar loan facility for cocoa purchases by the Ghana Cocoa Board (COCOBOD) for the 2016-2017 cocoa season. The loan was passed Wednesday after several hours of heated debates between the Minority and Majority amid ... — Read More

Cocobod confident of achieving 850,000m/t target

Ghana Cocoa Board (Cocobod) says it is confident that it will achieve its targetted output for the 2015-2016 crop-year harvest target of 850,000 metric tonnes, though the harmattan weather conditions at the beginning of this year impacted negatively on farming activities.“We ... — Read More

Cocobod confident of achieving 850,000m/t target

Ghana Cocoa Board (Cocobod) says it is confident that it will achieve its targeted output for 2015-2016 crop-year harvest target of 850,000 metric tonnes, tthough the harmattan weather condition at the beginning of this year impacted negatively on the farming activities.“We ... — Read More

Dry weather worries cocoa farmers ahead of light crop

Ghana coming off disappointing crop in 2014/15Cocobod says confident 850,000 tonne target can be hitFarmers report poor weather, traders give lower forecastsThe upcoming light cocoa crop will do little to help the world's number-two grower reach a government target of 850,000 ... — Read More

COCOBOD works to eradicate Black Pod disease

The Ghana Cocoa Board (COCOBOD) says it is working to ensure that the Black Pod disease that has been a major headache for cocoa farmers is confronted head-on. According to the Board, it has procured fungicides that will be used ... — Read More

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