Cocoa farmers in Ivory Coast push back against output cap
Can the world’s number one cocoa producer implement cuts when i relies on a million small producers that operate independently
12 December 2019 - 15:14
San Pedro — Cocoa farmers in Ivory Coast say they plan to ramp up production and establish new plantations, potentially jeopardising a new policy to cap output and boost prices from next year.
The West African country’s regulator, the Coffee and Cocoa Council (CCC), said in October that it would cut production from 2.2-million tonnes to 2-million tonnes from next season in a bid to deter farmers from overproducing after Ivory Coast and neighbouring Ghana introduced a plan to raise farmers’ income...
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