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COCOA SWOLLEN SHOOT VIRUS COULD HIT GHANAIAN DELIVERIES

COCOA SWOLLEN SHOOT VIRUS COULD HIT GHANAIAN DELIVERIES



Ghana’s cocoa regulator may not be able to meet its sales commitments because disease is affecting more of the crop than previously estimated.

Bloomberg said an outbreak of swollen shoot virus will probably reduce the harvest of the world’s second-largest cocoa grower to 800,000 tonnes.

An initial estimate of 900,000 tons was cut to 850,000 tons last month following a crop assessment.

Bloomberg said Ghana Cocoa Board’s chief executive officer, Joseph Boahen Aidoo, led a delegation to growing areas last week to reassess the situation.

The report said the regulator is likely to postpone some deliveries.

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1 Comment

  1. AZURE IMORO ABDULAI

    This is a major threat to the Ghanaian economy because it may affect prices of the commodity especially when the IMF have advised the government of Ghana to reduce the producer price index. for cocoa
    Thank you.

    Reply

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