Africa-Press – Ghana. The Government has adjusted upwards the cocoa producer price to GH₵5,800 per tonne after an emergency meeting of the Producer Price Review Committee.
Dr Cassiel Ato Forson, Finance Minister, who announced the decision of the committee, said the new price translates to 3,625 per bag of 64 kilogrammes.
This represents an increase of about GH₵400 per bag, equivalent to a 12.27 per cent rise over the price announced in August.
In August this year, the government set the producer price for the 2025/2026 crop season at GH₵51,660 per tonne, which is GH₵3,228.75 per 64kg bag, an increase from GH₵49,600 per tonne in the previous season.
The new price takes effect tomorrow, Friday, 3rd October 2025.
Margins, fees, and rates for all other stakeholders, including COCOBOD, remain unchanged.
Dr Forson explained that the previous price was based on projections using world cocoa prices and exchange rates.
“Subsequently, we have seen some changes, so it is important for us to review the producer’s price again,” Dr Forson said.
He said COCOBOD would continue to implement interventions to support cocoa production and improve the welfare of cocoa farmers.
He said COCOBOD would intensify the supply of free cocoa fertilisers (liquid and granular), free insecticides, free spraying machines, free fungicides, and free flower inducers.
In addition, COCOBOD remains on track to implement the new Tertiary Education Scholarship Scheme for children of cocoa farmers in the 2026/27 academic year.
The Government remains committed to supporting the Ghana Cocoa Board to build a robust and resilient cocoa industry that provides sustainable and optimal benefits to all stakeholders.
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