Ghana will start distributing fertiliser to cocoa farmers this year, for free in order to boost crop yields. According to the industry regulator, Cocobod, the government has already ordered 200 million dollars worth of farm inputs - mainly in the form of chemicals and fertilisers. Ghana produces about 800,000 tonnes of cocoa annually, and it has subsidized inputs including fertilisers in the past. The World Cocoa Foundation, which is made up of senior executives from 12 of the worlds top chocolate and cocoa companies, signed an agreement with Cocobod to support initiatives aimed at making cocoa farming sustainable in Ghana. Cocobod plans to raise the price at which it buys the commodity from farmers at the start of the 2014/15 crop year in October.
Posted on: Sat, 24 May 2014 07:30:12 +0000
Trending Topics
Recently Viewed Topics
© 2015