Illegal mining, cocoa yield in Ghana, lack of fertiliser
Illegal mining affecting cocoa production, cocoa yield in Ghana

Illegal mining, lack of fertilisers risk undercutting 2022/2023 cocoa yields in Ghana – Redd Intelligence

Illegal mining [gold], bad farming practices and lack of fertilisers for cocoa farmers in West Africa, risk undercutting next year’s cocoa yields in Ghana and to some extent Cote D’Ivoire, Singapore-based Redd Intelligence has warned.

In its analysis of Ghana’s cocoa sector, it said the war in Ukraine has limited Russian exports of fertilisers worldwide, including potash.

“No one can afford fertilizer as it costs at least twice what it did last year. There will be a lower crop next year which will weigh on the minds of [all lenders] putting money into the market.”

“While rainfalls have helped the 2021-2022 cocoa crop season in both Ghana and Cote D’Ivoire, the next season does not look so promising as the big things we have always been worried about are starting to rise up,” said George of Redd Intelligence.


Read also: No more mining on cocoa farms as COCOBOD, Minerals Commission vow to protect 1.6m ha


Nectar2Honey solutions, Illegal mining, cocoa yield in Ghana, lack of fertiliser

These challenges include the destruction of land, bad farming practices, illegal gold mining and climate change.

Redd Intelligence emphasised that Ghana used to give out free or heavily subsidised fertilisers to license-buying companies, but this has reduced over the years due to increased fraud and costs.

“As such, cocoa farmers in Ghana are demanding a 30% increase in price for the 2022-2023 season”, it added.


Read also: CABI Academy digital teaching resources addressing agricultural challenges now available


Another issue on the horizon, particularly for exporters, is the EU’s proposed carbon border adjustment mechanism (CBAM), initially published in July last year.

The core element of the CBAM is the obligation to pay for greenhouse gas emissions embedded in certain carbon-intensive products imported into the EU through the purchase of so-called CBAM certificates.

Illegal mining, cocoa yield in Ghana, lack of fertiliser
Illegal mining affecting cocoa production in Ghana

However, while the proposed mechanism was initially aimed at the obvious polluting industries such as oil and gas, Redd Intelligence said the EU is now looking at introducing it for the production of chocolate, which is “incredibly high-emitting of CO2.”

“This will blow some of the economic models of developing markets completely out the water,” it warned.


Read also: Potato market: The global potato supply and production


Ghana is the second-biggest cocoa producer in the world, after Cote d’Ivoire, according to the International Cocoa Organization.

The two African nations combined control about 70% of the world’s cocoa market.

Nectar2Honey solutions, Illegal mining, cocoa yield in Ghana, lack of fertiliser

Read more:

The Choice Press
thechoicepress.com is an online news portal that seeks to project what the gallant small-scale farmers in Africa are doing. We basically report on everything that has to do with agriculture and agribusiness, especially in Ghana.
%d bloggers like this: