Cameroon farmgate cocoa prices fell in August as major buying was delayed by drought in some regions, farmers said on Wednesday.
Cocoa prices fall as drought delays purchases
Below are the average farmgate prices in CFA francs per kg recorded throughout the growing regions
A worker dries cocoa beans at a village in N'Douci, Ivory Coast, November 27, 2015. REUTERS/Luc Gnago
Prices ranged from 1,000 CFA francs ($1.72) per kilogramme of cocoa in the southwest to 1,200 CFA francs in the centre of the central African country, producers said, down from prices as high as 1,700 CFA in July.
"The crops are lagging behind because of a long drought," said southwest cocoa producer Andrew Nya.
Cameroon's cocoa season runs from Aug. 1 to July 1, with a main harvest cycle from October to January/February and a light crop harvest period from April/May to June/July.
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Below are the average farmgate prices in CFA francs per kg recorded throughout the growing regions:
Region District Price (in Price (in
CFA CFA
francs) francs)
per kg in per kg in
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July August
Southwest Mamfe 1450 1050
Konye 1400 1050
Muyuka 1400 1000
Koumba 1400 1100
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Centre Mbalmayo 1700 1150
Emana 1700 1200
Bafia 1500 1100
South Ebolowa 1450 1200
Sangmelima 1400 1100
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East Bertoua 1350 1200
Yokadouma 1375 1150
($1 = 582.1900 CFA francs)
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