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Ghana Bumps Up Cocoa Price in Response to Top Grower Ivory Coast

Summary by Bloomberg
Ghana raised the amount it pays farmers for their cocoa beans for the second time this season after top producer Ivory Coast increased its farmgate prices, a move that will boost bean arrivals to warehouses and ease global supply tightness.

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Ghana, the world's second largest cocoa producer behind Côte d'Ivoire, announced on 2 October 2025 a 12.3% increase in the price paid to producers for the 2025/26 season, citing the rise in world prices and efforts to improve producers' livelihoods.

·Paris, France
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Cocoa futures reached their lowest level in 11 months in New York, as traders expect higher wages for farmers to encourage sales and increase crop supplies.Ghana, the second largest African supplier, announced Thursday that the price he pays farmers for their cocoa beans will rise for the second time this season.This happens after prices for Ivorian cocoa producers, the world's largest producer, will rise to CFAF 2 800 per kilogram for the new m…

·Mexico
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The Government has officially announced an increase in the price of cocoa in Ghana to USD 4.5 per kilogram, an increase of 12.3 per cent over the previous season. This decision is to strengthen the incomes of local producers and to maintain the country's competitiveness vis-à-vis Côte d'Ivoire, the main regional competitor. In Ghana's plantations, the new one has been welcomed as a glimmer of hope. Ghana's authorities announced an increase in th…

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Bloomberg broke the news in United States on Thursday, October 2, 2025.
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