The Ghana Cocoa Board (Cocobod) has told Citi Business News the new cocoa crop season for the 2015/2016 would open on October 2,2015.
[contextly_sidebar id=”oF23yd7JJbytEOwtzhM2VSMwrbiZ80ok”]This is after Cocobod extended the deadline for the close of the this year’s crop season to the close of September.
Ghana is expected to miss its revised cocoa purchases target of 750,000 tonnes for the 2014/15 crop year.
Cocoa purchases in August were well below 700,000 tonnes , 23 per cent down as compared to what was recorded in the 2013/14 season.
According to the Deputy Chief Executive Agronomy and Quality Control of Coobod Dr. Francis Kofi Oppong ‘management has reviewed the situation and thinks purchases should continue because there is enough to still buy, so we encourage that the produce should be bought till the end of the month so the new crop season starts in the first week of October.’ He said.
confirming the latest to Citi Business News.
By: Rabiu Alhassan/citifmonline.com/Ghana