Cocoa [ CIF: 6225FCFA/kg FOB: 6496FCFA/kg Buying Price Douala, (by Exporters) MIN: 4700FCFA/kg MAX: 5100FCFA/kg ] Arabica Coffee [ CIF: 2912FCFA/kg FOB: 2785FCFA/kg ] Robusta Coffee [ CIF: 2335FCFA/kg FOB: 2221FCFA/kg Buying Price Moungo MIN: 1450FCFA/kg MAX: 1600FCFA/kg ]

Trade Minister Launches 2022/23 Cocoa Season In Yokadouma

Family Photograph
Comprising top dignitaries : M. Luc Magloire MBARGA ATANGANA, Minister of Trade, M. Gabriel MBAIROBE, Minister of Agriculture and Rural Development, M. Armand NDJODOM, Secretary of State in the Ministry of Public Works, and M. Grégoire MVONGO, Governor of the East Region

The Minister of Trade, Luc Magloire MBARGA ATANGANA accompanied by Mr. Gabriel MBAIROBE, Minister of Agriculture and Rural Development on Thursday August 18, 2022 launched the 2022-2023 Cocoa season in Yokadouma, a municipality in the Boumba and Ngoko Division of the East Region. 

The new season kicked off with an improvement in domestic traded volumes that peaked at 295,163 tonnes of beans, compared to the 292,471 tonnes recorded last season. 

Presenting the end-of-season report for 2021/22, Mr. Michael NDOPING, General Manager of NCCB stressed on  the highlights of the season: An improvement in domestic traded volume, a steady fluctuation in world market prices that had a positive effect on the sector, an increase in the total volume of cocoa exported as grade I, an amelioration in the FOB value, and a qualitative and quantitative improvement in small scale cocoa processing of cocoa. Click here to download the end of season report for 2021/22.

Speaking during the event, the Minister of Trade highlighted Quality and Sustainability as the main prerequisites to international market access and profitable prices. He then invited farmers to get on board and produce grade I cocoa so as to benefit from President Paul Biya’s Cocoa Quality premium scheme which kicks off its second edition in the days ahead, with the payment of FCFA 2 billion to producers of grade I cocoa for the 2018/19 and the 2019/20 cocoa seasons. 

For MINADER, the Minister of Agriculture and Rural Development, Gabriel MBAIROBE revealed his Ministry’s plan to provide technical and material support to farmers to help improve yield and rehabilitate cocoa farms throughout the 2022/23 Cocoa season. 

The event that witnessed the presence of all key players of the cocoa sector, was also characterized by speeches from Mr. Omer Maledy, Executive Secretary of the Cocoa and Coffee Interprofessional Council(CICC), and Mr. Abono Ernest Timothée, Mayor of Yokadouma. 

The Cameroon 2022/23 Cocoa season runs from August 1, 2022 to July 15 2023.

You can relive some of the moments from the event in images here.