Cameroon's cocoa prices drop below expectations for the 2025/26 season

Cameroon's cocoa farmgate prices are below CFA1,500/kg, marking the weakest performance in three seasons with four months remaining. Current prices, between CFA1,300 and CFA1,450/kg, are significantly lower than the CFA5,400-CFA6,000/kg highs of recent seasons, despite initial projections of CFA3,200-CFA5,400/kg. Analysts cite an anticipated global cocoa surplus, following supply recovery after deficits, as the reason for the price drop.