Government has decided to increase the producer price of cocoa to GHS3,625 per bag or GHS58,000 per tonne.
This was revealed by the Minister for Finance, Dr Cassiel Ato Forson, after a meeting with stakeholders Monday.
The increment represents about GHS400 per bag, equivalent to a 12.27% rise over the price announced in August.
The new price takes effect tomorrow, Friday, 3rd October 2025, Government said, adding that, “Margins, fees, and rates to all other stakeholders, including COCOBOD, remain unchanged.”
COCOBOD will continue to implement interventions to support cocoa production and improve the welfare of cocoa farmers, said Ato Forson.
He noted in particular, COCOBOD will intensify the supply of free cocoa fertilizers (liquid and granular), free insecticides, free spraying machines, free fungicides, and free flower inducers.
In addition, the Minister, via his announcement indicated “COCOBOD remains on track to implement the new Tertiary Education Scholarship Scheme for children of cocoa farmers in the 2026/27 academic year.”
Source: myxyzonline.com/Piesie Okrah
