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New cocoa pricing by government is a stab in the back of farmers, comical and shameful – Minority

August 5, 2025
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The Minority in Parliament has slammed the ruling government over the newly announced cocoa producer price of GH₵3,228.75 per bag, describing it as a betrayal of Ghanaian cocoa farmers.

The caucus considers the new price “ridiculous, unfair and completely unacceptable.”

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Speaking at a press briefing on Tuesday, August 5, 2025, Dr. Isaac Yaw Opoku, Ranking Member on Parliament’s Food and Agriculture Committee, stated that the new price amounts to a “stab in the back” of cocoa farmers.

He argued that poor remuneration could push cocoa farmers to abandon their farms and lease them to illegal miners, stressing that the new pricing is comical and shameful.

“Cocoa farmers deserve far better for their toil and sacrifices for their enormous contribution to the economy of the country. They cannot be taken for granted all the time. The deception must stop! This new farm gate price of GH¢3,228.75 per bag is ridiculous, laughable, comical, absurd, shameful, unfair and a stab in the back of cocoa farmers. This is complete “sakawa” and unacceptable.

This new price of GH¢3,228.75 per bag is completely unacceptable and has to be reviewed immediately to motivate our cocoa farmers and prevent the temptation of farmers giving their cocoa farms out to galamsey operators. We must safeguard our cocoa industry, protect our farmers’ livelihoods and maintain Ghana’s enviable position in the industry. The government must come again and offer a better price. Cocoa Farmers matter and demand better!! If you cannot spell, you do not write,” he stated.

On Monday, August 5, 2025, the government announced a 62.58% increase in the producer price of cocoa, from US3,100 to US5,040 per tonne.

The price in Ghana cedi moved from GH₵49,600 to GH₵51,660 per tonne, which is equivalent to GH₵3,228.75 per 64kg bag.

The Producer Price Review Committee, chaired by Finance Minister Dr. Cassiel Ato Forson, approved the new price, which is scheduled to take effect on Thursday, August 7, 2025.

By: Rainbowradioonline.com/Ghana

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