Cameroon cocoa farmers are seeing a modest recovery in farmgate prices as the 2025–26 marketing season approaches its end, although earnings remain far below initial expectations. Recent data from the Cocoa and Coffee Interprofessional Information System (SIF), managed by the National Cocoa and Coffee Board (ONCC), shows cocoa selling between CFA 1,650 and CFA 1,700 per kilogram as of June 8, up from the previous range of CFA 1,500 to CFA 1,550.
The price increase of CFA 150 reflects a mild rebound in buying activity, likely driven by seasonal factors as the harvest period nears its July 15 close. However, despite this improvement, current prices remain significantly below government projections, which had anticipated levels between CFA 3,200 and CFA 5,400 per kilogram at the start of the season.
The limited price growth has been attributed to broader international market conditions rather than domestic supply constraints. Analysts point to expectations of a return to global cocoa surplus after several years of supply deficits, which has weighed on prices across producing countries.
A key factor influencing the global outlook is rising production from Ecuador, which is projected to become the world’s second-largest cocoa producer this season. This expansion, alongside stable output from other major producers, has shifted the market balance toward higher supply.
As a result, cocoa-producing countries such as Cameroon are experiencing weaker-than-expected price transmission despite localized demand fluctuations. While the seasonal rebound offers some relief to farmers, earnings remain constrained by global oversupply pressures and softer international cocoa prices.
