Gov’t to announce new cocoa producer price today
The government is preparing to announce a new producer price for cocoa for the 2026/2027 season, with farmers awaiting details of what they will earn for their beans under the new pricing regime. The announcement comes as efforts intensify to secure funding for the upcoming season and ease liquidity pressures confronting Ghana’s cocoa sector. As […]
The Ghana government is set to reveal a revised producer price for cocoa for the upcoming 2026/2027 season, which farmers are eagerly anticipating. As the agricultural sector grapples with securing funding and addressing liquidity challenges, COCOBOD, the Ghana Cocoa Board, has been meeting with significant international cocoa traders in London.
Discussions have centered on the recently enacted Ghana Cocoa Board Act, 2026, a proposed financing strategy for the cocoa sector, and preparations for the forthcoming season. Both COCOBOD and trading companies have also examined potential funding sources, including commercial paper and bond financing, as well as liquidity measures for the 2026/2027 season.
These talks have also addressed private-sector assistance for Licensed Buying Companies and Ghana's readiness to adhere to the European Union Deforestation Regulation. For the 2025/2026 light crop season, the government decided to keep the current producer price, despite a decline in international cocoa prices, maintaining it at GH¢1,241.76 per 30-kilogramme load for Grade I and II cocoa beans, or GH¢2,587 per 64-kilogramme gross bag, translating to GH¢41,392 per tonne.
The forthcoming producer price will influence farmers' earnings in the 2026/2027 season and may have broader repercussions on farmer incomes, cocoa purchasing activities, and the sector's financial stability.
Written by urgent.news from Adom Online's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
