The Government of Ghana has declared a notable increase in the producer price of cocoa for the 2025/2026 season, elevating the price from GHS3,228.75 to GHS3,625 per bag.
This marks a 12.27% rise and equates to GHS58,000 per metric tonne, an increase from the previous GHS51,660 per tonne.
This decision was reached during a meeting of the Producer Price Review Committee (PPRC), led by the Minister for Finance, Dr. Cassiel Ato Forson, following discussions with key stakeholders in the cocoa sector.
The new pricing will be effective from Friday, 3rd October 2025, with the objective of enhancing the incomes and livelihoods of cocoa farmers in Ghana.
“This increase of approximately GHS400 per bag demonstrates the Government’s ongoing commitment to ensuring that farmers receive fair compensation for their labor, particularly in light of rising global cocoa prices,” stated the Minister.
The initial price, which was announced on August 4, 2025, was determined based on 70% of the average Free-on-Board (FoB) price of cocoa at US$7,200 per tonne, resulting in GHS3,228.75 per bag. The adjusted price continues to reflect the Government’s promise to provide farmers with a significant portion of international market revenues.
Despite this price revision, all margins, fees, and rates for other stakeholders, including the Ghana Cocoa Board (COCOBOD), will remain unchanged.
COCOBOD will persist in implementing support initiatives aimed at enhancing productivity and welfare among cocoa farmers.
These initiatives include the ongoing free distribution of cocoa fertilizers (both liquid and granular), free insecticides, fungicides, flower inducers, and spraying machines, as well as the forthcoming Tertiary Education Scholarship Scheme for the children of cocoa farmers, which is set to commence in the 2026/27 academic year.
Dr. Ato Forson reiterated that the Government is unwavering in its dedication to developing a “robust and resilient cocoa industry that delivers sustainable and optimal benefits to all stakeholders.”
