Audio By Carbonatix
Ghana, the world’s second largest cocoa producer, is expected to produce 850,000 tonnes of cocoa in 2019/20 season, at the lower end of average levels on account of the swollen shoot disease outbreak, COCOBOD has said.
Ghana’s annual cocoa production is usually between 850,000 and 900,000 tonnes, though the country had an official forecast of 900,000 tonnes for the current 2018/19 season, which ends this month.
“Swollen shoot is the main factor bringing down production,” Joseph Boahen Aidoo, chief executive of the Ghana Cocoa Board (Cocobod) told Reuters on the sidelines of the European Cocoa Forum in Lisbon.
Mr Boahen Aidoo also said Ghana would announce the official farmgate price for the 2019/20 season on Oct. 1. The farmgate price is a fixed annual price set and paid by the government to farmers each season.
Ghana’s cocoa output is expected to fall to 830,000 tonnes in the 2018/19 season, which ends this month, on account of unfavourable weather and swollen shoot disease, according to the International Cocoa Organisation (ICCO).
Ghana’s fight against the disease has prompted Cocobod to replant of 400,000 hectares of cocoa plants. It will take at least three to five years for the replanted surfaces to come into production.
Latest Stories
-
‘I didn’t think twice’ – Ayew delighted to join Sheffield United
15 seconds -
Burundians scramble to leave Kenya ahead of crackdown on unregistered traders
5 minutes -
Wontumi campaign team endorses John Boadu in NPP national chairmanship race
6 minutes -
At least two people dead after Russian strikes on Kyiv
10 minutes -
Adu-Boahene trial: Court gives defence until Sept. 25 to file no-case submission
13 minutes -
Daily Insight for CEOs: Profitability beyond revenue growth.
17 minutes -
‘Jordan Ayew can have an impact here’ – Sheffield United boss Chris Wilder
21 minutes -
Education Ministry to digitise SHS placement complaints system
27 minutes -
Argentina to file criminal case against oil company operating in Falklands
28 minutes -
Black Stars captain Jordan Ayew signs for Sheffield United
30 minutes -
Canada braces for prolonged trade war as counter-tariffs on US take effect
40 minutes -
60 SHS girls develop smart solutions to flooding, waste, parking and water challenges
45 minutes -
Media must continue to shine light on illegal mining—Lands Minister
51 minutes -
NPP challenges Sam George over rural telephony record, demands data
56 minutes -
Mahama Ayariga proposes peak-hour dedicated lanes for Aayalolo buses
59 minutes