Event Brief
Jul 1, 2026 at 12:08 PM ET
Cocoa price crash leaves West African farmers in poverty
By The BriefBrief
Cocoa prices fell nearly 75% from 2024 highs, crushing smallholder farmers in Ghana and Côte d’Ivoire.
WHO: Cocoa smallholder farmers in Ghana and Côte d’Ivoire
WHAT: Cocoa farmers faced severe financial hardship as cocoa prices plunged and payments were delayed.
WHEN: Jul 1, 2026 at 11:37 AM ET
WHERE: Ghana and Côte d’Ivoire
WHY: Cocoa prices dropped by more than 75% after a peak in 2024, leading to low selling prices and delayed payments from middlemen.
Reporting from 1 identified publisher for this event.
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