Ivory Coast

Ivory Coast, the world's largest cocoa producer, is facing a crisis of excess stock due to a slump in global prices, making its cocoa too expensive. To address this, the government plans to reduce the price paid to farmers and has pledged to buy 100,000 tons of unsold cocoa.

Ivory Coast, the world's leading cocoa producer, is severely affected by the cocoa price crash. The government purchased excess supply and drastically cut prices for 2026, leading to financial hardship for farmers and a significant hit to its export revenue.

The Ivory Coast, a major cocoa producer, is considering a 35% cut in farm-gate prices for its mid-crop harvest, impacting farmer income. Slowing cocoa deliveries to its ports are a supportive factor for prices, but favorable growing conditions are expected to boost the mid-crop harvest.

Ivory Coast has successfully repatriated the Djidji Ayokwe drum, a significant cultural artifact, from France. This marks a moment of justice and remembrance for the nation and its people, particularly the Ebrie community.

Ivory Coast's increased cocoa shipments to ports, up 0.7% from a year ago, are weighing on Cocoa prices. The nation also cut the official price it pays its Cocoa farmers by 57% for the mid-crop harvest, and projected a 10.8% y/y fall in Cocoa production for 2025/26.