Ghana’s recent increase in cocoa producer prices aims to uplift farmer incomes amidst fluctuating global markets. Cocoa Producer Price Increase Ghana, a leading global cocoa producer, recently announced pivotal changes aimed at boosting the welfare of cocoa farmers and their families. President Nana Akufo-Addo unveiled an upward adjustment in the…
Coffee Market Weekly Review
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Coffee Market News Week in Review – November 11
The Coffee Improvement Program seeks to advance global coffee breeding through new tools and training, critical for an economy involving millions of smallholder farmers. Meanwhile, Uganda focuses on government reforms to fortify its coffee industry. Coffee Breeding, Seed Systems, and Regulation in Production The newly launched Coffee Improvement Program, backed…
Cocoa Market Weekly Review
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Cocoa Market News Week in Review – November 11
Ghana has announced a new price increase for cocoa producers to sustain farmer incomes amidst global market fluctuations. This aims to strengthen Ghana’s status as a top cocoa exporter. Cocoa Producer Price Increase in Ghana Ghana’s cocoa industry, a pillar of the nation’s economy, has witnessed encouraging developments with President…
Coffee Market Weekly Review
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Coffee Market News Week in Review – October 27
Ghana is positioning to capitalize on the global coffee market, leveraging robust Robusta coffee’s resilience against climatic challenges to boost its local industry, backed by key partnerships and investments in infrastructure. Investment in Coffee Sector Ghana is actively positioning itself to tap into the booming global coffee market, valued at…
Cocoa Market Weekly Review
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Cocoa Market News Week in Review – October 27
Global cocoa markets are experiencing diverse dynamics. Papua New Guinea faces a delayed cocoa harvest, raising local prices. Meanwhile, increased Ivory Coast bean deliveries depress global prices. Confectionery companies react by adjusting product lines. Cocoa Supply and Pricing Dynamics Cocoa production in Papua New Guinea’s East New Britain province is…
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Cocoa Price: Understanding the Structure and Key Influencers
Cocoa prices have a significant impact on the global economy, influencing everyone from producers to chocolate enthusiasts. Understanding how these prices are determined helps stakeholders manage the complexities of the market. In this post, we will examine the cocoa price structure and the key factors that affect it. The Cocoa…
Coffee Market Weekly Review
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Coffee Market News Week in Review – October 20
The persistent drought in Brazil, the top coffee producer globally, is significantly affecting coffee markets worldwide, especially benefiting East African exporters like Kenya and Ethiopia with rising demand and prices. Brazilian Drought Impact on Global Coffee Supply The ongoing drought in Brazil, the world’s largest coffee producer, is sharpening its…
Cocoa Market Weekly Review
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Cocoa Market News Week in Review – October 19
The cocoa industry is facing significant challenges due to smuggling, price fluctuations, and changing consumer preferences. In Ghana, smuggling affects economic stability, while globally, high cocoa prices shift confectionery markets towards non-chocolate options. Cocoa Pricing and Smuggling Ghana’s cocoa sector is grappling with an intensifying smuggling crisis, primarily driven by…
Cocoa Market Weekly Review
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Cocoa Market – Last Week’s News – October 13th
The cocoa market is undergoing pivotal changes as West African producers respond to declining yields by raising farmgate prices, influencing global cocoa and chocolate costs. Concurrently, the region’s focus on quality control and combatting smuggling aims to stabilize the market amid regulatory and environmental challenges. Quality Control and Smuggling in…