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Cocoa prices to get boost from farmer hoarding
date:Aug 25, 2015
ulator Conseil du Caf-Cacao (CCC) is well placed to raise the farmgate prices offered to farmers next season, having forward-sold 1.3m tonnes of the 2015-16 crop, and with global cocoa prices up more than 10.3% this year.

Last season farmers hoarded over 100,000m tonnes of beans from the mid-crop, and we expect similar volumes to be hoarded [this year] Ecobank said.

Export scheme retained

And the CCC will be sticking to a scheme to support local exporters despite local opposition, Ecobank rep

07/14 02:30