JOURNAL ARTICLE

Ghana Weighs 63% Hike in Cocoa Farmers' Prices to Discourage Smuggling.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Dontoh, Ekow 3 of 3

Abstract

(Bloomberg) -- Ghana's cocoa industry regulator called for boosting the rate farmers get for their crop by more than 60% to discourage them from smuggling beans to the neighboring Ivory Coast where returns for the commodity are better. The new price is expected to help Ghana match rates with neighboring Ivory Coast, which is expected to increase farmers' rates from the $1,334 per ton set for the current season. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/09, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • Accession Number:171590580
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