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Cocoa Prices Plummet, Farmers Protest for Survival Solutions

3/8/2026

28 5 Full Breakdown

Summary

Story summary

Cocoa prices in Ghana and Ivory Coast have fallen from over $12,000 to about $4,000 per metric ton, causing rotting beans and unpaid farmers.
Ghana reduced its cocoa price by 28%.
Ivory Coast cut prices by more than half.
Yields have declined due to climate change and disease, driving many farmers to illegal mining for survival.
Protests have erupted as farmers demand better solutions.

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Story summary

Cocoa prices in Ghana and Ivory Coast have fallen from over $12,000 to about $4,000 per metric ton, causing rotting beans and unpaid farmers.
Ghana reduced its cocoa price by 28%.
Ivory Coast cut prices by more than half.
Yields have declined due to climate change and disease, driving many farmers to illegal mining for survival.
Protests have erupted as farmers demand better solutions.