Gov’t Slashes Almost 20% off Cocoa Producer Price for 2025/26 Season; Pegs Tonne of Cocoa at GHS 41,392
The government has approved a new producer price for cocoa at GHS 41,392 per tonne for the remainder of the 2025/2026 crop season, a move aimed at bringing stability to the sector and cushioning cocoa farmers.
The revised price – which is a 19.8% reduction from the previous GHS 51,660 producer price – endorsed by the Producer Price Review Committee (PPRC), takes effect from today, Thursday, February 12, and is equivalent to GHS 2,587 per bag.
Speaking at a press briefing in Accra on Thursday, Finance Minister Dr. Cassiel Ato Forson said the adjustment was guided by developments on the global cocoa market.
According to him, the new pricing structure aligns with prevailing international cocoa prices and is intended to rebuild confidence across the cocoa value chain.
Dr. Forson further noted that the revised producer price is expected to provide immediate liquidity within the sector, enabling faster settlement of outstanding payments to farmers and easing financial strain at the farm level following recent payment delays.
He explained that the decision forms part of a wider reform agenda targeted at safeguarding the long-term viability of Ghana’s cocoa industry. The measure, he said, is critical to restoring stability, strengthening the sector’s financial position, and improving returns for cocoa farmers.
“As a result, the PPRC has announced that with effect from today, Thursday, February 12, 2026, the producer price for the remainder of the 2025/2026 crop season has been set at GHS 41,392 per tonne, equivalent to GHS 2,587 per bag,” the Minister stated.
The new price represents a reduction from the rate announced at the beginning of the 2025/2026 crop season.
At the time, the producer price was pegged at US$5,040 per tonne, reflecting a 62.58 percent increase in dollar terms. This translated into GHS 51,660 per tonne or GHS 3,228.75 per bag in cedi terms.
