Minister for Finance Dr Cassiel Ato Foeson says the world market price of cocoa has dropped significantly from an average of US$7,200 per tonne to US$4,100 per tonne, making Ghana’s cocoa beans uncompetitive and creating liquidity challenges.
To address this, the Producer Price Review Committee (PPRC) met this afternoon to assess the challenges facing the sector and review the producer price for the remainder of the 2025/26 crop year.
In order to cushion the farmer, the PPRC has recommended that the farmers be paid 90% of the achieved gross FOB of US$4,200.00 to mitigate the adverse impact on the farmer as a result of the fall in the world market price.
Consequently, the PPRC announces that, effective today, Thursday 12 February 2026, the new producer price for the remainder of the 2025/26 crop season will be GHS41,392.00 per tonne and GHS2,587.00 per bag.
This measure has become necessary to reflect the reality of the world market price of cocoa, ensure the injection of immediate liquidity for expedited payment of farmers and guarantee the sustainability of the sector.
By: Rainbowradioonline.com/Ghana
