Fairtrade: Prices boost Ivorian farmers’ income by $15M in Q4 2019
More than 190K farmers, 140 cooperatives sold 64K metric tons of cocoa on Fairtrade terms in Q4 2019.
Fairtrade International says sales of Fairtrade-certified cocoa from Côte d’Ivoire in the fourth quarter of 2019 increased farmers’ earnings by approximately $15.1 million compared to non-Fairtrade cocoa.
About two-thirds of the world’s cocoa is grown by smallholder farmers in Côte d’Ivoire and Ghana. More than 190,000 Ivorian cocoa farmers are members of Fairtrade certified cooperatives, and approximately 140 Ivorian cocoa cooperatives sold 64,000 metric tons of cocoa on Fairtrade terms in Q4 2019, according to available trader reports.