Cocoa farmer Archives

Cocoa hits largest weekly gain in 24 years at $6,470 as Nigeria's supply drops

High fuel costs disallow cocoa processors amid price slump

Nigeria’s cocoa processors are struggling to benefit from the recent cocoa price collapse, with the industry failing to capitalise on cheaper raw materials after prices plunged 83 per cent from 2024 peaks. The price drop, which has seen cocoa trade around N2.5 million per metric ton from a 2024 peak of N15 million, ought to […]

aadelekepdnlimited-com
2nd April 2026
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108 Views

Agribusiness featured

Cocoa farmers lament 70% price crash in Ondo, Osun, Ekiti

Cocoa farmers in Ondo, Osun, and Ekiti States are facing severe financial hardship due to a massive crash in cocoa bean prices. This sharp decline has plunged many into despair and severely affected their livelihoods. People’s Gazette reported that in separate interviews with journalists on Sunday, the farmers described how the price reversal from a […]

aadelekepdnlimited-com
22nd March 2026
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99 Views

News

Ghana hikes cocoa farmgate price

Ghana has raised the farmgate price for cocoa farmers to 49,600 Ghanaian cedi ($3,062) per metric ton, up from the initial 48,000 cedi announced at the start of the 2024/25 season. The farm gate price refers to the amount a farmer is paid for their goods at the point of production, meaning directly at the […]

monwubukepdnlimited-com
9th November 2024
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312 Views

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Tag: Cocoa farmer

High fuel costs disallow cocoa processors amid price slump

Cocoa farmers lament 70% price crash in Ondo, Osun, Ekiti

Ghana hikes cocoa farmgate price

US deploys Anthropic AI tool despite Pentagon risk.

Blue Origin’s New Glenn misplaces customer satellite during.

Samsung signs first EV battery deal with Mercedes-Benz

FG rejects claims of diversion from federation revenue

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