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MONDAY, NOVEMBER 9, 2026
West African Web & Economic Times
Energy & Natural ResourcesCocoa Market Sovereign Accord

COCOBOD and Le Conseil du Café-Cacao Reaffirm $400/MT Living Income Differential Floor Price for 2026/2027 Crop Season

The joint Ghana-Côte d’Ivoire Cocoa Initiative (CIGH) has concluded ministerial consultations in Abidjan, enforcing a strict $400 per metric ton Living Income Differential (LID) floor price on all forward export contracts.

Byline: Kofi Yeboah·Published: Wednesday, October 28, 2026
COCOBOD and Le Conseil du Café-Cacao Reaffirm $400/MT Living Income Differential Floor Price for 2026/2027 Crop Season
Editorial Dispatch · Curated for the West African Web & Economic Times from Graphic Online Cocoa Wire

Executive Intelligence Brief

  • Joint $400/MT Living Income Differential floor price upheld across all forward sales.
  • CIGH digital sales registry deployed to block offshore intermediary evasion.
  • Farmgate price protection confirmed for over 2 million smallholder cocoa growers.
  • Harmonized cross-border anti-smuggling checkpoints operationalized.

ABIDJAN / ACCRA — The Ghana Cocoa Board (COCOBOD) and Côte d’Ivoire’s Le Conseil du Café-Cacao (CCC) have issued a joint declaration from Abidjan, reaffirming unwavering adherence to the $400-per-tonne Living Income Differential (LID) mechanism across all 2026/2027 export sales.

Meeting under the auspices of the Côte d’Ivoire-Ghana Cocoa Initiative (CIGH), Executive Secretary Alex Assanvo emphasized that the world’s two largest cocoa producers, accounting for over 60% of global bean supplies, will not compromise on farmgate remuneration for smallholder producers.

The joint body introduced a shared digital registry tracking origin forward sales, preventing multinational chocolate manufacturers from evading origin differentials through intermediary offshore trade houses.

COCOBOD Chief Executive Joseph Boahen Aidoo affirmed that the stabilized floor price, combined with renewed agroforestry investments, directly shields rural farming households against international terminal market speculation on ICE London and New York.

Verified Regional Source:Graphic Online Cocoa Wire ↗

Byline: Kofi Yeboah · Published: Wednesday, October 28, 2026

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