Ghana expects cocoa production to exceed 650,000 tons during the 2025/26 season, Agriculture Minister Eric Opoku said on October 21 at the Norman Borlaug International Dialogue in Des Moines, Iowa.
The world’s second-largest cocoa producer launched its 2025/26 season in August with the goal of improving the performance of a sector that contributes about 10% to its GDP.
Opoku attributed the forecast to favorable weather conditions and encouraging progress in combating the cocoa swollen shoot virus and illegal mining, according to comments reported by Reuters.
He said the government’s improved pricing policy will stimulate output and help reduce smuggling to neighboring countries.
Ghana increased the farmgate price paid to cocoa farmers by more than 62% for the current season, from $3,100 to $5,040 per ton, surpassing Côte d’Ivoire’s $4,949 per ton.
“I don’t think smuggling is a problem today because everything depends on pricing, and our prices are now competitive,” Opoku said.
Some industry observers urged caution, noting that Ghanaian authorities have made optimistic forecasts before.
If the outlook materializes, Ghana would maintain its position as the world’s second-largest cocoa producer, ahead of Ecuador, which expects output of around 650,000 tons, according to the Ecuadorian Association of Cocoa Exporters (Anecacao).
The projection underscores a recovery in Ghana’s cocoa sector after output fell to 425,000 tons in 2023/24, the lowest in two decades, before rebounding to 600,000 tons, according to the Ghana Cocoa Board (Cocobod).
This article was initially published in French by Espoir Olodo
Adapted in English by Ange Jason Quenum
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...
Floating regasification unit planned at Nador West Med port Project aims to secure gas supply after pipeline halt Morocco plans to commission its...
Starlink launches satellite internet service in Sao Tome and Principe Monthly fees $61-$81 plus upfront hardware costs High prices may limit...
Dangote Foundation pledges 1 trillion naira for Nigerian education over decade Funding targets STEM, girls’ education, teacher training from...
The mining group is refocusing on iron, aluminium, lithium and copper while placing other activities, including titanium, under strategic review, raising...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...