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Ghana to Produce Biggest Cocoa Crop in Three Years

  • Main crop harvest exceeds total output of two previous years
  • Increasing output weighs on prices as supply beats demand

Ghana has recorded its biggest cocoa harvest in three years, according to two people familiar with the matter, after better weather conditions boosted output in the world’s second-biggest grower.

Graded and sealed deliveries from the so-called main crop, the larger of two annual harvests, reached 812,153 metric tons by May 25, said the people, who asked not to be named because the information isn’t public. That compares with a combined 778,043 tons for the whole of the 2015-16 season, when severe desert winds damaged crops and affected rainfall.