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Agriculture

Cocoa farm-gate price once again exceeds CFA1,000 per kg

Cocoa farm-gate price once again exceeds CFA1,000 per kg
  • Comments   -   Wednesday, 10 October 2018 14:14

(Business in Cameroon) - Last October 8, the national cocoa and coffee council (Oncc) reported that the farm-gate price per kg of cocoa once again exceeds CFA1,000 after having dropped since the last week of September.

Prices were CFA970 for the highest and CFA940 for the lowest till the announcement day. With these prices, Cameroonian cocoa growers are one of the most paid in Africa, ahead of their Ghanaian and Ivorian peers who receive CFA850 and CFA750 respectively.

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