The Annual General Meeting of members of the ABOCFA Farmer Association, (AGM) took place this year on July 28, 2022 and a whole new group of farmer leaders was elected. There was much music and dancing and celebration. Though I was unable to attend, it is important to note the importance of this democratic process for managing and recognizing the independence of the unique assembly of farmers. Their association allows them to be certified organic, totally traceable from farm to finished chocolate bars, and allows them to command a premium price above and beyond the Ghana market price. This is fairly unique in Ghana where a majority of farmers aren’t able to obtain premiums for their products. We pay consistent price premiums in exchange for this quality, traceability and certification, and we are proud to be one of the few companies who are able to purchase cacao from ABOCFA.
-- Alex Whitmore, Taza CEO
Our most recent in-person visit to ABOCFA was in October 2021.
*Price based on FOB terms and equal to the negotiated fixed price or to the negotiated premium plus the world market price on the day the contract is closed
**Price the individual farmer receives for their cacao prior to its further processing, packing and export. Taza's 2016 Transparency Report, "Let's Talk Price" provides an in-depth exploration of the topic