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Infos Business of Friday, 26 September 2014

Source: Ecofin Agency

ICCC schools cocoa farmers on sales and prices

The Eastern Region; the largest region in the country, is the part of Cameroon which is most likely to survive a considerable expansion of the cocoa orchard, according to internal sources at the Inter-professional Council of Cocoa and Coffee (ICCC).

It possesses this potential only after the Department of the Lékié (great basin's production of cocoa in the country) last year.

The Inter-profession Cocoa-Coffee launched its producers training program for the sale of cocoa and price negotiation techniques on September 23, 2014 in the Department of the Boumba and Ngoko, Yokadouma.

The cocoa producers were trained on how to organize the periodic markets which will assist them to strengthen their negotiating ability with buyers. It also included the price-setting mechanisms, with notably different reference prices

This, the ICCC stated, will allow producers understand the international and national market issues better. This is to prevent the misunderstanding during negotiations with eager buyers who are profit oriented and not always understanding the constraints of the production.

The ICCC took the opportunity to remind producers at Boumba and Ngoko, of the existence of the Information System of the dies (FIS) led by the National Cocoa and Coffee Board (NCCB).