It’s also difficult to reform a system, when many farmers still think we’re in a fixed price system ten years after it was abolished. That created an easy environment for politicians during the election campaign to make unchallenged claims like “under us the cocoa price has reached 1100 CFA francs for the first time in Ivory Coast’s history”, when in fact at no point this season have they practically gone over 1000 CFA francs. The consequence of all this is that almost no information, debate or reform ideas are circulating about how things could be improved or where things are heading. Even this figure looks like an outlier and was probably influenced by the holiday period. Interestingly, even in this rare example where the figures are actually posted on the management board website, they are not published in the press, let alone analysed. Consequence if you look at the sector’s own official figures ( ), you can see that the highest average weekly farmgate price this season has been 975 francs in week 14 (January). That ignores the fact that Ghana has a sophisticated support mechanism for backing up the fixed price, whereas Ivory Coast has, er, nothing. This season the ‘guide price’ was set on 1 October at 1100 CFA francs a kilo, basically to ‘match Ghana’. What they publish is the yearly indicative cocoa price, which actually means virtually nothing.
Sure there are 700,000 households that depend on cocoa for the their main source of income, but they don’t tend to buy newspapers or hold positions of power so who cares? The UN radio normally offer a good news service, but in their daily economic figures report they give neither the government’s average farmgate price nor world prices. – Price – World prices at the highest levels in 30 years? Don’t expect to read about it here. But if cocoa production goes up or down, you’d be the last to know about it if you read the Ivorian press. Actually, Ivory Coast produced about 1.24 million tons in the 2009-10 season, which given global production was 3.61 million tons works out at 34%. – Production – It’s become a cliche to say that Ivory Coast produces 40% of the world’s cocoa. And, if Ivorian journalists aren’t following the country’s chief economic asset, it makes you wonder what their priorities are and whether the ‘fourth estate’ is really holding power to account.
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