date:May 30, 2014
re paid 990 CFA francs ($2.05) per kilogram in 2009-10 as futures on NYSE Liffe surged 31 percent in the three months before the start of the season. That helped boost global cocoa production to a record 4.312 million tons the following year, according to data from the London-based International Cocoa Organization. By comparison, farmers received on average 550 CFA francs in the nine seasons before the reform, according to ICCO data.
Farmer Prices
Even if the farmgate price is increased next s