{"id":115937,"date":"2026-02-18T17:31:42","date_gmt":"2026-02-18T17:31:42","guid":{"rendered":"https:\/\/sotnews.agency\/?p=115937"},"modified":"2026-02-18T17:31:42","modified_gmt":"2026-02-18T17:31:42","slug":"ivory-coast-considers-following-ghana-with-cocoa-farm-gate-price-cut-sources-say","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=115937","title":{"rendered":"Ivory Coast considers following Ghana with cocoa farm gate price cut, sources say"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>2 Minute, 14 Second <\/div>\n\n <\/div>
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Ivory Coast is considering cutting the guaranteed farm gate price paid to its cocoa farmers to align with Ghana, two government sources told Reuters, as the world\u2019s biggest producers of the chocolate ingredient face a major crisis.<\/p>\n

The senior Ivory Coast officials said all options were on the table as the government debates whether to follow Ghana, which has already cut its farm gate price by 28.6% for the rest of the 2025\/2026 season main crop, in coordination with Abidjan, as it adjusts to plunging prices.<\/p>\n

The discussions with Ghana, and discussions within Ivory Coast\u2019s government about cutting the price to align with Ghana, have not previously been reported.<\/p>\n

Meanwhile, the Ivory Coast\u2013Ghana Cocoa Initiative (ICCIG) said the two African countries, which together account for about 60% of global output, had been coordinating closely since the onset of the crisis in the sector.<\/p>\n

\u201cWe have put all options on the table and discussions are progressing well. Courageous and realistic decisions will be taken soon,\u201d the first Ivory Coast official said, requesting anonymity because they are not authorised to speak on the issue.<\/p>\n

The second official said the continued price fall, which has seen cocoa drop by nearly 50% in recent months, left the government with little room to manoeuvre.<\/p>\n

\u201cWe must think about the survival of the cocoa sector in Ivory Coast. We need to act; changes are underway,\u201d the source said, declining to disclose further details.<\/p>\n

An inter-ministerial committee has met over the issue and a decision could come soon, the two sources said.<\/p>\n

A spokesperson for the Ivory Coast government did not respond to a Reuters request for comment.<\/p>\n

MEASURES TO PREVENT STRUCTURAL DAMAGE<\/h2>\n

Alex Assanvo, ICCIG\u2019s Executive Secretary, said the two countries were adapting to the sudden market reversal and had taken measures to prevent structural damage.<\/p>\n

He said the trading rooms of the Coffee and Cocoa Council (CCC) and Ghana\u2019s COCOBOD remained in regular contact.<\/p>\n

Assanvo also defended the Living Income Differential (LID), introduced in 2019 to boost farmers\u2019 earnings, saying recent market volatility underscored its relevance.<\/p>\n

ICCIG is preparing a meeting between the two countries to strengthen coordination as farmers face financial pressure.<\/p>\n

\u201cThe organisation remains mobilised to coordinate policies in both countries,\u201d Assanvo said, adding that all players in the sector would be convened to review market developments and propose improvements to price-stabilisation mechanisms.<\/p>\n

Exporters and buyers expect Ivory Coast to announce a cut soon, saying the question is no longer if but when.<\/p>\n

\u201cThe country is resisting, but for how long? I don\u2019t see Ivory Coast doing something different from Ghana,\u201d said the head of an Abidjan-based export company.<\/p>\n<\/div>\n

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Ivory Coast is considering cutting the guaranteed farm gate price paid to its cocoa farmers to align with Ghana, two government sources told Reuters, as the world’s biggest producers of the chocolate ingredient face a major crisis.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1006,2582,2006,4322,1883,10,9],"tags":[],"class_list":["post-115937","post","type-post","status-publish","format-standard","hentry","category-agribusiness","category-cocoa","category-hp-news-7","category-ivory-coast","category-national","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/115937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=115937"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/115937\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}