The steep hike in global cocoa prices will likely weigh on Philippine chocolatiers and eventually trickle into the cost of the sweet treat.  BMI, a unit of Fitch Solutions, recently reported that the ...

Bad weather, failed government policies and a fast-spreading virus are reducing output from the world’s top cocoa-growing ...

Domestic Challenges The domestic market has faced funding issues, with inefficiencies at the Ghana Cocoa Board (COCOBOD) cited as a major factor. In 2024, COCOBOD struggled to raise its annual ...

Cocoa found support after Ghana's Cocoa Board (Cocobod) on August 20 cut its 2024/25 Ghana cocoa production estimate to 650,000 MT from a June forecast of 700,000 MT. Due to bad weather and crop ...

Cocoa purchases in Ghana slumped in December due to election-related payment delays from the state marketing board and squeezed exporter financing, farmers and buyers, told Reuters. They were of ...

March ICE NY cocoa (CCH25) Wednesday closed down -130 (-1.19%), and March ICE London cocoa #7 (CAH25) closed down -111 (-1.25%). Cocoa prices fell moderately Wednesday due to the concern that high ...

In the 1850s, steam-powered machines allowed for the mass production of cocoa powder. Today, over 4.5 million tons of cocoa are consumed around the world every year. Cocoa powder is made from ...

Cocoa grindings in Europe and Asia fell in the last three months of 2024, the strongest signal yet that chocolate makers are ...

The Bono Regional Office of the Ghana Cocoa Board (COCOBOD) seized three heavy duty trucks loaded with bags of cocoa and lumber suspected to being smuggled to either, neighbouring Burkina Faso, Togo ...

has projected that the Ghana cedi faces further risk as the Ghana Cocoa Board revises cocoa harvest in 2025 downwards. According to him, the cedi will be further devalued if harvests go down.

Ghana, the world's number two cocoa producer, has raised the fixed farmgate price paid to cocoa farmers for the second time this 2024/25 season 'to help boost farmers' incomes', President Nana ...