Gov’t hikes cocoa producer price to GHS3,625 per bag

The Government of Ghana has announced a significant increase in the producer price of cocoa for the 2025/2026 season, raising the price from GHS3,228.75 to GHS3,625 per bag.

This represents a 12.27% increase and translates to GHS58,000 per metric tonne, up from the earlier GHS51,660 per tonne.

The decision was made during a meeting of the Producer Price Review Committee (PPRC), chaired by Minister for Finance, Dr. Cassiel Ato Forson, and comes after consultations with key stakeholders in the cocoa industry.

The new price will take effect on Friday, 3rd October 2025, and aims to improve the incomes and livelihoods of Ghana’s cocoa farmers.

“This increase of about GHS400 per bag reflects Government’s continued commitment to ensuring farmers receive fair value for their efforts, especially amid rising global cocoa prices,” the Minister stated.

The initial price, announced on August 4, 2025, was based on 70% of the average Free-on-Board (FoB) price of cocoa at US$7,200 per tonne, which translated into GHS3,228.75 per bag.

The revised price still aligns with the Government’s pledge to give farmers a substantial share of international market earnings.

Despite the price adjustment, all margins, fees, and rates for other stakeholders, including the Ghana Cocoa Board (COCOBOD), remain unchanged.

Ongoing Support for Cocoa Farmers

COCOBOD will continue to implement support measures to boost productivity and welfare among cocoa farmers. These include:

* Continued free supply of cocoa fertilizers (both liquid and granular) * Free insecticides, fungicides, flower inducers, and spraying machines * The upcoming Tertiary Education Scholarship Scheme for children of cocoa farmers, set to begin in the 2026/27 academic year

Dr.

Ato Forson emphasised that Government remains steadfast in its commitment to building a “robust and resilient cocoa industry that provides sustainable and optimal benefits to all stakeholders.”

Source: CitiNewsRoom