Bitter times for cocoa farmers as chocolate market slumps
Chocolate bars may have shot up in price but West Africa's cocoa farmers are facing economic ruin.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"The money I was anticipating from my cocoa bean sales is currently inaccessible. I'm a widow now and I don't have anyone to support me."
— Akosua Frimpong , Other
"While there had been delays in farmers getting their money, payments were now being processed."
— Jerome Sam , Executive
"The prices of farm inputs and implements remain the same, the cost of labour has not reduced, so the cut in cocoa prices will adversely affect us."
— Robert Addae , Other
Key People
A Ghanaian cocoa farmer who shared her struggles due to economic hardships in the cocoa industry.
A spokesperson for the Ghana Cocoa Board (Cocobod) who acknowledged delays in payments to farmers.
A cocoa farmer with 14 years of experience who expressed concerns over the drop in cocoa prices.
Locations
Tags
All Coverage
Chocolate bars may have shot up in price but West Africa's cocoa farmers are facing economic ruin.
Similar Stories
Related coverage based on topic and tags
Bigger US corn stocks fuel doubts about USDA livestock feeding data - Reuters
Bigger US corn stocks fuel doubts about USDA livestock feeding data Reuters
October 9, 2026 at 04:38 PMUS 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demand - Reuters
US 30-year fixed-rate mortgage rate hits 7.40%, likely to further erode housing demand Reuters
October 8, 2026 at 05:43 PMTexas AG Paxton probes Fruit of the Loom, Hanes over potential toxic chemicals in children's underwear - Reuters
Texas AG Paxton probes Fruit of the Loom, Hanes over potential toxic chemicals in children's underwear Reuters
October 6, 2026 at 05:43 PMCost-of-living crises have lasting impact on inflation expectations, poverty, IMF says - Reuters
Cost-of-living crises have lasting impact on inflation expectations, poverty, IMF says Reuters
October 6, 2026 at 01:12 PMSeven arrested for using Ghanaian banknotes to make 'money bouquets'
The arrests are part of the country's efforts to curb the misuse and abuse of the national currency.
October 6, 2026 at 12:00 PMSaudi Arabia unexpectedly cuts November oil prices to Asia to 6-year lows - Reuters
Saudi Arabia unexpectedly cuts November oil prices to Asia to 6-year lows Reuters
October 4, 2026 at 11:50 PM