News Agriculture

Cocobod Will Fulfill Remaining Cocoa Contracts Deferred to the 2025/2026 Harvest

Cocobod Will Fulfill Remaining Cocoa Contracts Deferred to the 2025/2026 Harvest
Friday, 27 June 2025 19:47

• Ghana’s Cocobod announces plan to fulfill 100,000 tons of delayed contracts during the 2025/2026 harvest.
• Production fell sharply in 2023/2024 due to bad weather, disease, illegal mining, and smuggling.
• New measures aim to revive output and restore confidence in Ghana’s cocoa sector

West Africa produces 70% of the world’s cocoa, with Ghana as the second-largest supplier after Côte d’Ivoire. The country is working to revive its cocoa industry after a historically low harvest in 2023/2024.

Cocobod, Ghana’s cocoa regulator, announced it will fulfill 100,000 tons of cocoa contracts that were postponed due to production setbacks. Ransford Abbey, Director General of Cocobod, made the announcement on June 26.

Last season, authorities sold more contracts in advance than they could deliver. Poor weather, the cocoa swollen shoot virus, illegal mining, and smuggling caused a sharp drop in output, forcing the deferral of 330,000 tons of contracts.

For the current 2024/2025 season, Cocobod has managed to deliver only 230,000 tons out of a harvest now forecast at 600,000 tons. Abbey said the outlook for 2025/2026 is brighter, with a new four-year plan expected to raise production above this year’s level.

Cocobod is rolling out reforms to curb illegal exports, distribute improved seeds, and rehabilitate farms hit by the swollen shoot disease. These measures aim to restore productivity and stabilize the sector.

However, analysts urge caution. Cocobod has repeatedly revised its output forecasts for 2024/2025, lowering estimates from 650,000 tons at the start of the season to 617,500 tons in December, and then to 600,000 tons by mid-June.

Meanwhile, the global market is bracing for a fourth consecutive cocoa deficit, as ongoing drought continues to hamper mid-crop yields in both Ghana and Côte d’Ivoire.

This article was initially published in French by Espoir Olodo

Edited in English by Ange Jason Quenum 

 

On the same topic
• Ethiopia, East Africa’s top soybean exporter, is able to export soybean meal to China since July 3, 2025. • China's new regulation serves to diversify...
South Africa plans to boost citrus exports from 164.5 million cartons in 2024 to 260 million cartons by 2032, a 58% increase. The sector faces...
• Ghana partners with Hattat Traktör to set up a tractor assembly plant.• Aim to boost agricultural mechanization, with 78% of work still done manually.•...
• IFAD initiates a program worth $358.26 million to bolster dairy sector in Kenya, Rwanda, Tanzania, and Uganda • The program, called DaIMA, aims...
Most Read
01

• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...

Coffee: Global Consumption Expected to Reach Record Level in 2025/2026
02

• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo...

Algeria Awards Commercial 5G Licenses
03

• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...

Afreximbank Bonds Retain Market Confidence Despite Moody’s Downgrade
04

• Kenyan President William Ruto signs strategic partnership with UK Prime Minister Keir Starmer to b...

William Ruto in London: New Agreement Aims to Double Kenya-UK Trade by 2030
05

• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector cou...

IFC Plans Investment Fund to Help Grow African Film Industry
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.