Ghana’s Farmers Association has praised government and Côte d’Ivoire efforts for deciding cocoa’s floor price at $2,600 per tonne. Both countries provide 60% of the world’s cocoa output. However, the farmers of both regions have to suffer a lot after cocoa prices collapsed in 2017.
To resolve the issue, industry representatives of both countries organized a joint meeting in Accra. They discussed what they can do to protect cocoa farmers’ livelihoods. Traders and industrialists also accepted the suggested floor price of $2,600 per metric tonne. However, they called for a further meeting to discuss the implementation plan. The technical meeting is scheduled to take place on July 3.
Cocoa Coffee and Sheanut Farmers Association supposed that new prices will help in developing the cocoa sector and also enhance the livelihood of cocoa farmers. The representative for the Association, Alhaji Imoro Issifu Alhassan has also acknowledged President Nana Akufo-Addo for taking a decision in the best interest of the cocoa farmers.
Meanwhile, Northern Region Chief Farmer, Alhaji Alhassan requested President Akufo-Addo to ensure the supply of mosquito webs, solar lights and solar lamps for farmers to enhance the productivity.
Read More: Ghana Business News
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