Cocoa farmgate prices in Cameroon have climbed to their highest level of the 2025-2026 season, with just one week remaining before the marketing season closes on July 15, 2026.

According to a report from business in Cameroon on Saturday July 11, 2026, the figures from the National Cocoa and Coffee Board's Commodity Information System, prices increased by 250 CFA francs per kilogram within two days, rising from between 2,500 and 2,600 CFA francs per kilogram on July 7 to between 2,750 and 2,850 CFA francs per kilogram by July 9, bringing prices close to the 3,000 CFA franc mark.

The late-season rally is believed to reflect stronger buying activity as traders seek to secure supplies before the season ends, although available data have not yet confirmed the scale of the increased demand.

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The latest rise also extends a gradual recovery that began about two months ago, after prices remained below 2,000 CFA francs per kilogram until June 22 despite several increases across cocoa-growing regions.

The 2025-2026 cocoa season officially opened in Mbankomo on August 7, 2025, with authorities projecting farmgate prices of between 3,200 and 5,400 CFA francs per kilogram. However, those expectations were not met as market conditions turned out to be less favourable than anticipated.

Current prices remain significantly lower than those recorded over the previous two seasons.

During the 2024-2025 season, farmgate prices reached as high as 5,400 CFA francs per kilogram, while some producing areas recorded prices of around 6,000 CFA francs per kilogram during the 2023-2024 season.

The lower prices have largely been linked to developments on the international cocoa market.

After supply shortages drove cocoa prices to record highs, the International Cocoa Organization estimates that the global cocoa market returned to a surplus during the 2024-2025 season, following a historic deficit the year before.

Improved global supply, coupled with weaker industrial demand in some major consumer markets, reduced upward pressure on cocoa prices.

Although the recent increase has provided some relief for Cameroonian cocoa farmers, farmgate prices remain well below the record levels experienced during the previous two seasons.

ANAS/SA

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