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Ghana Bumps Up Cocoa Price in Response to Top Grower Ivory Coast

Summary by Bloomberg
Ghana raised the amount it pays farmers for their cocoa beans for the second time this season after top producer Ivory Coast increased its farmgate prices, a move that will boost bean arrivals to warehouses and ease global supply tightness.

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Cocoa futures reached their lowest level in 11 months in New York, as traders expect higher wages for farmers to encourage sales and increase crop supplies.Ghana, the second largest African supplier, announced Thursday that the price he pays farmers for their cocoa beans will rise for the second time this season.This happens after prices for Ivorian cocoa producers, the world's largest producer, will rise to CFAF 2 800 per kilogram for the new m…

·Mexico
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Coffee-cacacao producers reacted to the new margin-field prices of the Kilogram of Coffee and Cocoa, announced on Wednesday, October 1, 2025, by President Alassane Ouattara in solemn ceremony at the exhibition centre.

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Bloomberg broke the news in United States on Thursday, October 2, 2025.
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