Back to today’s briefing

Story perspectives

Côte d'Ivoire Cocoa Prices Plummet 75%, Farmers Struggle

7/3/2026

49 11 Full Breakdown

Summary

Story summary

Cocoa prices in Côte d'Ivoire and Ghana fell to $3,000/tonne in 2026, over 75% below 2024's $13,000.
Over 700,000 mt of cocoa and $487 million of stock sit idle in Côte d'Ivoire ports.
Côte d'Ivoire cut its price 57% to 1,200 CFA/kg in March 2026 and started a $500 million plan to buy 100,000 mt of cocoa.
Farmer Emmanuel Nojor has waited five months for middlemen payments, leaving him unable to pay food or school fees.

1 of 1

Story summary

Cocoa prices in Côte d'Ivoire and Ghana fell to $3,000/tonne in 2026, over 75% below 2024's $13,000.
Over 700,000 mt of cocoa and $487 million of stock sit idle in Côte d'Ivoire ports.
Côte d'Ivoire cut its price 57% to 1,200 CFA/kg in March 2026 and started a $500 million plan to buy 100,000 mt of cocoa.
Farmer Emmanuel Nojor has waited five months for middlemen payments, leaving him unable to pay food or school fees.