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Ivory Coast to Buy Cocoa Stocks Amid Price Plunge

1/21/2026

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Summary

Story summary

Ivory Coast will buy unsold cocoa stocks to support farmers amid falling global prices.
An estimated 700,000 tons of cocoa exports remain unsold, leaving farmers without income for nearly two months.
Agriculture Minister Kobenan Kouassi Adjoumani said collection operations would start soon and that the government would purchase stocks at a guaranteed price.
The mid-crop price will be announced on April 1 and is expected to decline.

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Story summary

Ivory Coast will buy unsold cocoa stocks to support farmers amid falling global prices.
An estimated 700,000 tons of cocoa exports remain unsold, leaving farmers without income for nearly two months.
Agriculture Minister Kobenan Kouassi Adjoumani said collection operations would start soon and that the government would purchase stocks at a guaranteed price.
The mid-crop price will be announced on April 1 and is expected to decline.