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Cocoa Crisis: Ivory Coast and Ghana Slash Farmer Prices

2/27/2026

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Story summary
  • Ivory Coast and Ghana face a cocoa sales squeeze as global prices fall and stockpiles rise, leaving farmers unpaid.
  • Ivory Coast plans to lower its fixed farmer price by about one-third and bring forward the mid-crop season to spur sales.
  • Ghana has cut its farmgate price and is adjusting its pricing strategy to address the crisis.
  • The measures aim to persuade international traders to resume purchases and reduce unsold stock.