For the 2022/23 mid-crop, the Ivorian and Ghanian regulators have left unchanged the fixed farm-gate price to 900 XOF per kg ($1,507 per tonne) and 12,800 GHS per tonne ($1,206 US per tonne), respectively1. As presented in Figure 1, over the past five mid-seasons, farmgate prices in US$ nominal terms have been higher in Ghana compared to Côte d’Ivoire. However, the situation was reversed during the mid-crops of the 2021/22 and 2022/23 seasons mainly due to the substantial
depreciation of the GHS vis-à-vis the USD.
