Gov’t Hikes Cocoa Producer Price to GHS3,625 per Bag for 2025/26 Season

he Government of Ghana has announced a new producer price of GHS3,625 per bag of cocoa for the 2025/2026 season, representing a 12.27% increase from the previous GHS3,228.75. This translates to GHS58,000 per metric tonne, up from GHS51,660.

The decision was approved at a meeting of the Producer Price Review Committee (PPRC), chaired by Finance Minister Dr. Cassiel Ato Forson, after extensive consultations with key industry stakeholders. The new price takes effect Friday, October 3, 2025, and is aimed at improving the welfare of Ghana’s cocoa farmers amid rising global prices.

“This increase of about GHS400 per bag reflects Government’s continued commitment to ensuring farmers receive fair value for their efforts,” Dr. Forson said, noting that the revised rate still aligns with the pledge to give farmers a substantial share of international market earnings.

The earlier price, announced in August 2025, was based on 70% of the average Free-on-Board (FoB) price of cocoa at US$7,200 per tonne, pegged at GHS3,228.75 per bag.

Ongoing Support for Cocoa Farmers

While adjusting the price, Government maintained that all margins, fees, and rates for other stakeholders—including COCOBOD—remain unchanged. At the same time, farmers will continue to benefit from support programmes such as:

• Free supply of fertilizers (liquid and granular)

• Free insecticides, fungicides, flower inducers, and spraying machines

• The planned Tertiary Education Scholarship Scheme for cocoa farmers’ children, starting in the 2026/27 academic year

Dr. Forson stressed that the Government is committed to building a “robust and resilient cocoa industry that provides sustainable and optimal benefits to all stakeholders.”