Cocoa production Archives - Wontumi Online

11 Jun

Cocoa Processing Increased By 43% Despite Production Challenges- COCOBOD CEO

wontumionlineFeatured, News, TrendingCocoa production, Joseph Aidoo

CEO of Ghana Cocoa Board, Hon. Joseph Boahen Aidoo, has noted that although Ghana is faced with challenges associated with Cocoa production, the country has been able to increase its processing levels by 43%. In an interview with Kwaku Dawuro on Movement in the Morning show on Movement TV, he highlighted various factors affecting cocoa production, including climate change, smuggling, and more. He explained that cocoa has two prices: spot and future prices, with future prices being more expensive than spot prices. "In previous years, 300,000 acres of cocoa farms were damaged due to climate change. Cocoa prices fluctuate, with…

27 Mar

COCOBOD Initiates Steps To Nurture Ghanaian Children In Cocoa Production

wontumionlineBusinessCocoa production

The Ghana Cocoa Board (COCOBOD), has initiated steps to expose school children to cocoa production in a bid to protect the rich history and sustain the commercial value of the crop. The overall goal is to encourage the next generation to embrace the culture of planting cocoa as a business irrespective of their chosen profession as they grow. This, COCOBOD believes this s, could potentially increase the tonnage of Ghana’s cocoa production in the long term if even five per cent of the targeted children show interest in the industry. Mr William Kwaku Serebour Prempeh, the Ashanti Regional Administrator of…

21 Feb

Cost Of Production Pushing Cocoa Farmers Further Into Poverty

wontumionlineBusinessCocoa production, Ghana Civil Society Cocoa Platform

Cocoa farmers with the Ghana Civil Society Cocoa Platform (GCCP) have warned that the country could lose more productive cocoa farms to illegal mining or palm production if the farm gate price for cocoa beans is not increased to make up for the high cost of production. They said the continued rise in the cost of farm inputs such as fertilisers, pesticides, transporting of beans and farm machinery as well as the cost of labour is affecting cocoa production, causing them to lose huge sums of money. “We call on the government to intervene to make farm inputs readily accessible…

29 Sep

Cocoa Farmers Are Growing Poorer And Poorer; They’re Now More Vulnerable Than Ever – Group

wontumionlineBusinessCocoa, Cocoa production

The Coalition for Cocoa Sector Reforms has told the Ghana Cocoa Board (COCOBOD) to work to ameliorate the economic conditions of cocoa farmers. According to the group, cocoa farmers are growing poorer and are now more vulnerable than ever before. In a press statement, the Coalition said the farmers deserve not less than 100% increase in farm gate price beginning the 2022/23 season. “We wish to emphasize for the attention of COCOBOD and for that matter government that, cocoa farmers are growing poorer and poorer and are now more vulnerable than ever before. “They deserve no less than 100% increase…

15 Sep

Galamsey Is Affecting Cocoa Production Numbers – COCOBOD

wontumionlineBusinessCocoa, Cocoa prices, Cocoa production, COCOBOD

The Public Affairs Manager at Ghana Cocoa Board (COCOBOD), Fiifi Boafo, says illegal mining (galamsey) is adversely affecting cocoa production numbers. Workers dry cocoa beans in a village. According to him, if the current trend of devastation by illegal miners is not halted, the cocoa sector will suffer severely in the future He further opined that the illegal miners are brazenly taking their activities to huge investments by COCOBOD in cocoa-growing areas across the country. “Some of them actually use other coercive means of taking over the cocoa farms. Some go to the traditional authorities who force usually the migrant…