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Ivory Coast’s cocoa farmers face crisis as low prices and unissued export quotas prevent sales, despite government price guarantees.
Ivory Coast, the world’s largest cocoa producer, faces a deepening crisis as falling global prices—down to $5,000 per tonne—have triggered a backlog of unsold cocoa at export hubs, leaving farmers unable to sell their crops despite a government-set farm-gate price of 2,800 CFA francs per kilo.
Exporters say they lack quotas from the Coffee and Cocoa Board (CCC), which is supposed to issue them and reimburse losses if prices fall, but no reimbursements have been activated.
Farmers, many of whom rely on cocoa for survival, are selling at drastically reduced prices or going unpaid, with some unable to afford basic needs.
The CCC denies any blockage, but its failure to act has fueled a standoff, undermining a system meant to protect farmers.
Los agricultores de cacao de Costa de Marfil se enfrentan a una crisis, ya que los precios bajos y las cuotas de exportación no emitidas impiden las ventas, a pesar de las garantías de precios del gobierno.