Ghana’s Main Cocoa Harvest Drops to 3-Year Low on Disease
- Smaller harvest through September also seen missing forecasts
- Swollen-shoot disease cut yields in biggest producing areas
Photographer: Jane Hahn/Bloomberg
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Ghana’s main-crop cocoa harvest fell 6% to a three-year low after a disease destroyed crops, according to people with direct knowledge of the matter.
The world’s second-largest cocoa producer harvested 776,418 tons during the main crop, the larger of two annual harvests that ended May 30, said the people, who asked not to be named because they are not authorized to speak publicly about the matter. The nation will probably miss its 50,000-ton estimate for the smaller harvest that ends in September, the people said.