https://en.sputniknews.africa/20241107/ghana-hopes-for-cocoa-production-rebound-in-202425-1069084570.html

Ghana Hopes for Cocoa Production Rebound in 2024/25

Sputnik Africa

A prolonged drought, coupled with the effects of climate change, has led to a significantly reduced cocoa bean crop in Ghana, the world's second-largest cocoa... 07.11.2024, Sputnik Africa

2024-11-07T10:01+0100

2024-11-07T12:50+0100

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After a record low output in the 2023/24 season, Ghana is optimistic about a resurgence in cocoa production for the current 2024/25 crop year, Western media reported.Farmers, officials from regulatory body Cocobod, and buyers report healthier cocoa trees and improved yields thanks to favorable weather conditions and better agricultural practices.However, challenges persist. Illegal gold mining, bean smuggling, and the threat of black pod disease remain concerns. While Cocobod anticipates a recovery to 650,000 tons, the International Cocoa Organization predicts a more conservative 500,000 tons.To combat smuggling, Cocobod has increased the farmgate price and implemented a new funding model requiring upfront payments from global traders. This change has reportedly received mixed reactions, with some expressing concerns about potential delays and continued smuggling.

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Ghana Hopes for Cocoa Production Rebound in 2024/25

10:01 07.11.2024 (Updated: 12:50 07.11.2024)

© AP Photo / Ben CurtisIn this April 6, 2004 file photo, a worker shovels up cocoa beans after they have been dried in the sun, ready to be put into into sacks for export, in Guiglo in western Ivory Coast. West Africa's cocoa industry is still trafficking children and using forced child labor despite nearly a decade of efforts to eliminate the practices, according to an independent audit published by Tulane University in late September 2010.

In this April 6, 2004 file photo, a worker shovels up cocoa beans after they have been dried in the sun, ready to be put into into sacks for export, in Guiglo in western Ivory Coast. West Africa's cocoa industry is still trafficking children and using forced child labor despite nearly a decade of efforts to eliminate the practices, according to an independent audit published by Tulane University in late September 2010. - Sputnik Africa, 1920, 07.11.2024

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A prolonged drought, coupled with the effects of climate change, has led to a significantly reduced cocoa bean crop in Ghana, the world's second-largest cocoa producer, for the 2023/24 season. In June, the West African country's cocoa production fell below 55% of its average seasonal output, reaching a more than two-decade low.

After a record low output in the 2023/24 season, Ghana is optimistic about a resurgence in cocoa production for the current 2024/25 crop year, Western media reported.

Farmers, officials from regulatory body Cocobod, and buyers report healthier cocoa trees and improved yields thanks to favorable weather conditions and better agricultural practices.

"The crop is amazing; the trees are productive and you can count not less than 50 pods per tree," said one of the farmers, as quoted by Western media.

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However, challenges persist. Illegal gold mining, bean smuggling, and the threat of black pod disease remain concerns. While Cocobod anticipates a recovery to 650,000 tons, the International Cocoa Organization predicts a more conservative 500,000 tons.

To combat smuggling, Cocobod has increased the farmgate price and implemented a new funding model requiring upfront payments from global traders. This change has reportedly received mixed reactions, with some expressing concerns about potential delays and continued smuggling.