Higher production costs and the Ghanaian currency's fall have hurt cocoa farmers. Cocoa farmers are obliged to sell their produce to the state-run Ghana Cocoa Board or COCOBOD, which fixes prices to help protect farmers from market volatility. Photo: Gabriela VAZ, Gustavo IZUS / AFPSource: AFPFiifi Boafo, head of public affairs at COCOBOD, acknowledged the impact of smuggling, illegal mining and adverse weather conditions on cocoa production. We are motivating cocoa farmers by paying them more for their produce," he said. Boafo said Ghana's cocoa production is projected to reach 800,000 tonnes by year-end, reversing the significant losses of recent years.
