Thursday, 12 February

Ghana sets new Cocoa Producer Price at ¢41,392/tonne to boost farmer incomes amid sector reforms

News
Cocoa farmers

The government has announced a new producer price of remainder cocoa for the 2025/2026 crop season at GH¢41,392 per tonne and GH¢2,587 per bag.

This follows a crunch cabinet meeting on February 11, 2026, over concerns of Ghana’s cocoa farmers allegedly left shortchanged in terms of cocoa pricing and renumeration.

Speaking at an emergency press briefing on Thursday, February 12, 2026, the Minister of Finance, Dr Cassiel Ato Forson, noted that the new cocoa price was pegged to give some relief to farmers and COCOBOD.

The announcement is part of the government's efforts to ensure cocoa farmers receive fair and competitive compensation for their produce, amid ongoing reforms in the cocoa sector aimed at increasing value addition, stabilising the industry, and improving farmer incomes.

Dr Forson noted that the revised price reflects both global market conditions and the need to incentivise local farmers, ensuring that Ghana remains a leading cocoa-producing country.

Source: classfmonline.com