Ghana, the world’s second-biggest cocoa producer, bought 0.3 percent more beans from farmers in the first 24 weeks of the season, according to two people with access to the information.
Purchases reached 531,282 metric tons through Feb. 26, compared with 529,739 tons a year earlier, the people said, who declined to be named because the information is confidential.
The data include total purchases of cocoa declared by private licensed buyers who act on behalf of the state-run Ghana Cocoa Board.
Ghana’s annual cocoa harvest, which is produced mainly by small-scale farmers in the rural center of the country, may rise to about 700,000 tons this season, from 680,000 tons a year earlier, the Cocoa Research Institute of Ghana said in October.
Source: Bloomberg
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Afenyo-Markin offers apology to Dr. Ayensu-Danquah over “strange reasons” remark
19 seconds -
How Dr. Ayensu-Danquah cleverly evaded Afenyo-Markin at her vetting
27 minutes -
Dr. Ayensu-Danquah defends professorship, stating 15 years of teaching surgery
3 hours -
Access Bank honoured with two prestigious awards at 2025 HESS Awards
3 hours -
A/R: Aspiring nurse killed in Denase gun attack
3 hours -
Oti Region to get university within my tenure – Mahama reaffirms pledge
3 hours -
Kofi Bentil calls for abolition of regional ministers
4 hours -
Daughter killed in father’s arson attack over sex denial
5 hours -
GIHOC to undergo restructuring amidst crippling inefficiency and GH¢427m debt
5 hours -
NPA Scandal: Four suspects remain in custody after failing to meet bail conditions
6 hours -
NPP to open 2028 flagbearer nominations on July 29
6 hours -
Sam George to open Pan-African AI Summit 2025
7 hours -
NDC opens nominations for Akwatia parliamentary primaries on July 28
7 hours -
Guinness Ghana DJ Awards opened new doors for my career – DJ Pho
8 hours -
Mohammed Sukparu commits to advancing Ghana’s Artificial Intelligence agenda
8 hours