ICCO also cut its 2023/24 cocoa production estimate to 4.380 MMT from May's 4.461 MMT, down -13.1% y/y. ICCO projected a 2023/24 global cocoa stocks/grindings ratio of 27.0%, a 46-year low.
The National President of the Ghana Cooperative Cocoa Farmers Association, Issifu Issaka, has called for reforms in Ghana's cocoa pricing mechanism to better benefit local farmers as they battle with ...