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Ghana maintains cocoa producer price despite decline in global market

Ghana has maintained its cocoa producer price for the 2025/26 light crop season despite a decline in international cocoa prices, the Ghana Cocoa Board (COCOBOD) announced.

The state regulator said the decision was aimed at protecting farmers’ incomes and livelihoods as global cocoa prices trend downward.

Under the revised arrangements, purchases for the 2026 light crop season will begin on 18 June, with the producer price remaining unchanged at GHC1,241.76 per load of 30 kilograms of Grade I and II cocoa beans.

The price for a 64-kilogram bag will remain GHC2,587.00, while a tonne of cocoa, equivalent to 16 bags, will continue to fetch GHC41,392.00.

In a circular signed by Deputy Chief Executive for Agronomy and Quality Control, Dr Francis Baah, COCOBOD said maintaining the current producer price reflected the government’s commitment to ensuring stability for cocoa farmers despite volatility on international markets.

“By maintaining the current producer price, Government aims to provide stability and confidence to farmers ahead of the new light crop season,” the statement said.

Ghana is the world’s second-largest cocoa producer after neighbouring Côte d’Ivoire, and cocoa remains one of the country’s most important export commodities and a major source of income for hundreds of thousands of farming households.

The announcement has been communicated to licensed buying companies, government agencies and other industry stakeholders ahead of the start of the light crop purchasing season.

The decision comes as cocoa-producing countries grapple with fluctuating global prices and concerns over the long-term sustainability of farmer incomes.

Abigail Grit
Abigail Grit
Abigail Grit Bodo is a young passionate Ghanaian Broadcast Journalist.
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