This week’s CropGPT cocoa market summary highlights key developments:

Ghana: Cocoa production is projected to hit a 22-year low at 500,000 metric tons, impacted by illegal mining and low farm revenue. Cocobod is focusing on farm rehabilitation and domestic financing to stabilize the sector.

Ivory Coast: Anticipates a strong harvest despite weather challenges, with favorable rainfall supporting growth, although cooler temperatures in some areas could pose risks.

Both countries are tackling climate and financial challenges to secure their positions in the global cocoa market.

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