Cocoa Trouble in Ghana

Men pour out cocoa beans to dry in Niable. At the October start of the 2013/14 season – the second under the new reform regime – the CCC raised its farmgate price so it was roughly equal to Cocobod's. Not for long. As the Ghanaian cedi plunged, Ivory Coast's CFA franc, a regional currency pegged to the euro, held stable. Today, in dollar terms, the Ivorian price is more than 55 percent higher. (Photo by Thierry Gouegnon/Reuters)
Cocoa Trouble in Ghana
   
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