Ghana’s higher farmgate price is supporting cocoa markets as traders assess cross-border smuggling risks, disease, weather threats and weaker production forecasts across West Africa.
The new framework allows Kenyan coffee to be sold through the Nairobi Coffee Exchange, direct sales and international exchanges while strengthening payment mechanisms for growers.
KTDA factories have announced lower bonus rates amid weaker green leaf deliveries, higher petroleum costs, shipping disruptions and concerns over the 0.8 per cent export levy.
The Nigerian agribusiness group increased cocoa processing and highlighted its export exposure, working-capital cycle and commercial paper programme during an investor facility tour.
The new prices come as Togo expands local cocoa processing and focuses on traceability and transparency following a sharp drop in coffee and cocoa exports.