Cocoa prices experienced a further rally last week, due to growing concerns about the potential impact of an El Nino weather event on global cocoa production. Last Friday, cocoa prices reached their highest level in a month for nearest-futures contracts, building on the gains observed on Thursday due to worries...
  Cocoa farmers in Ghana are improving yields and mitigating climate change by adopting climate-smart cocoa practices while curbing deforestation. Ghana has earned US$4.8million for reducing nearly 1 million tonnes of carbon emissions caused by deforestation and forest degradation - with up to US$45million expected by the end of...
The global cocoa market experienced a surge in prices during April 2023, reaching a six-year high in both the London and New York markets, according to the April 2023 cocoa report by the International Cocoa Organization (ICCO). Prices of the front-month cocoa futures contract rose by 5 percent in...
The Food and Agriculture Minister, Bryan Achaempong, has emphasised the importance of vigilance among stakeholders involved in the Ghana-Cote d’Ivoire cocoa cooperation framework - urging them to safeguard the cooperation against the influence of external actors who may attempt to undermine the joint effort for their personal benefit. As part...
While world's biggest chocolate companies see their profits soar, they fail to keep their promises to improve the wages of the farmers who grow cocoa in Ghana, one of the main producing countries in the world, NGO Oxfam has denounced in a report. In a report published recently, Oxfam said...
The Ghana Cocoa Board (COCOBOD) has reiterated the need for cocoa farmers to embrace hand-pollination exercises to help boost productivity and enhance their income and livelihoods. The COCOBOD is scheduled to start this year’s mass pollination in June. The programme’s objective is to increase farm yields and national production, as...
The cocoa industry has experienced its second reversal in farmgate prices over the past five mid-seasons due to global developments, says the March 2023 Cocoa Market Report by the International Cocoa Organisation. The report shows that the farm-gate prices in US$ nominal terms have been higher in Ghana than in...
Ghana has surpassed Ivory Coast in cocoa production over the half year 2022/23 crop season, according to the latest Cocoa Market Report by the International Cocoa Organization (ICCO). As of 31 March 2023, cumulative arrivals of cocoa beans in Ivory Coast were lagging behind previous season levels, while the volume...
…14 beneficiaries under two modules graduate In an effort to ensure the cocoa sector remains vibrant, with cooperatives becoming strong, inclusive, democratic and sustainable producer organisations, Fairtrade Africa has graduated 14 beneficiaries of its NORAD project. The project was conducted under two major modules; the Women Leadership School and Youth Cooperative...
Ghana Cocoa Board (COCOBOD) is expected to capture about 800,000 cocoa farmers in the country under the Cocoa Farmer Pension Scheme. Registering and collection of data is still on-going across all cocoa growing areas to serve as a data base for the Cocoa Management System (CMS), which will track the...