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
-
The US town where it’s the law to own a gun
2 minutes -
We must maintain the credibility of our electoral system – Dr. Bossman Asare
57 minutes -
World Cup 2026: Support us in upcoming qualifiers – Ghana forward Joseph Paintsil to fans
1 hour -
WAEC to release 2024 WASSCE results by December 29 – Education Minister
2 hours -
Policy rate to fall to 22.5% in 2025 – Deloitte
2 hours -
Omane Boamah blasts ‘criminal and biased’ EC for justifying re-collation decision
2 hours -
UPSA alumnus files injunction against investiture of incoming VC
2 hours -
Cedi to end 2024, 2025 at GH¢16.07, GH¢17.23 to one dollar – EIU
2 hours -
How Salah’s stats rank among Premier League greats
2 hours -
Amorim questions ‘choices’ of Rashford’s advisors
3 hours -
2025 AFCON: It is a ‘shame’ Ghana did not qualify – Majeed Waris
3 hours -
NHIA refutes allegations of ongoing recruitment activities
3 hours -
Re-collation after Declaration of Results is not a New Thing in our Elections
3 hours -
2024 CHANQ: Agyemang-Badu wants Ghana to ‘go all out’ against Nigeria in second leg
3 hours -
Farmers should farm and not worry about machines – Mahama on Agricultural Reforms
3 hours