Tony's Open Chain Impact Report 2024/25

Breakdown of premiums paid on top of farmgate price to farmers to enable a living income (EUR, per metric ton, per country)

KPI 3.3

Farmgate price = the price farmers receive for their cocoa. It’s set by the governments for the main and the mid-crop seasons each year. Fairtrade premiums = the premium paid for Fairtrade certified cocoa. This is not enough for cocoa farmers to earn a living income.

Côte d’Ivoire

Ghana

€221

€50

€215.02

€221

€221

€71.66

€3,353.88

€221 €454.51

€227

Emergency Productivity Boost = an additional amount paid for the 2024/25 main crop season in Côte d’Ivoire, designed to enable farmers to invest in their farms' resilience against climate shocks. Living income premium = the additional premium needed to close the gap to the Living Income Reference Price. Note: this premium was not paid since main crop 2023/24 as the LIRP fell below the Farmgate price since then.

€2,744.08

€2,724.30

€2,286.74

€1,706.49

€ 1,524.49

Main-crop 2023/24

Main-crop 2024/25

Main-crop 2024/25

Main-crop 2023/24

Mid-crop 2023/24

Mid-crop 2024/25

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Ending exploitation in cocoa together

Living income

Climate, environment & productivity

Human rights

Governance & finances

Interesting appendices

Scaling for change

Introduction

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