By Francis Kobena Tandoh
The government on Thursday announced a new producer price for cocoa, pegging it at GH¢41,392 per tonne for the remainder of the 2025/2026 crop season in a move aimed at stabilising the sector and supporting farmers.
Addressing a press conference in the national capital, Finance Minister Cassiel Ato Forson said the new price, which was approved by the Producer Price Review Committee (PPRC), takes effect from today, Thursday, February 12.
The revised cocoa price now translates to GH¢2,587 per bag from GH¢3,228.75 per bag.
“As a result of that, the PPRC thereby announces that effective today, Thursday 12th February 2026, the new producer price for the remainder of the 2025–2026 crop season will now be 41,392 Ghana Cedis per tonne and 2,587 Ghana Cedis per bag,” said Ato Forson.
According to the finance minister, the decision was informed by prevailing conditions on the international cocoa market.
He said the adjustment reflects current global cocoa prices and is intended to restore confidence across the industry.
The Minister further indicated that the new rate is expected to inject immediate liquidity into the cocoa value chain, helping to fast-track payments to farmers who have experienced delays in recent months and easing financial pressures at the farm level.
The price revision, he noted, forms part of broader reforms to ensure the long-term sustainability of Ghana’s cocoa industry. He described the measure as necessary to stabilise the sector, strengthen its financial footing, and secure better outcomes for cocoa farmers.
The new cocoa rate represents a downward revision from the initial price announced at the start of the 2025/26 crop season.
The producer price was fixed at US$5,040 per tonne, representing a 62.58 percent increase in dollar terms. In cedi terms, that translates to GH¢51,660 per tonne or GH¢3,228.75 per bag. Enditem
Source: Ghana Eye Report
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