Cocoa farmers welcome new producer price, endorse major reforms

The Ghana Cocoa, Coffee and Sheanut Farmers Association (COCOSHE) has thrown its full support behind the government’s recent upward adjustment of the cocoa producer price for the 2025/2026 crop season.

At a press conference in Accra under the theme “Supporting Ghana’s Cocoa Vision – A United Voice of the Farmer,” COCOSHE praised the government and Ghana Cocoa Board (COCOBOD) for what it called a fair and progressive decision aimed at protecting farmers’ livelihoods.

The National President of COCOSHE, Alhaji Alhassan Bukari, lauded the increase in the producer price from GH¢3,100 to GH¢3,228.75 per 64kg bag, which translates to GH¢51,660 per tonne. The new price constitutes 70 per cent of the achieved Free-on-Board (FoB) price—an improvement on last season’s 63.9 per cent share. “In many other producing countries, the price would have been slashed. But here, the Government and COCOBOD chose instead to protect farmers,” Alhaji Bukari stated, highlighting the administration’s sensitivity to economic pressures, including the recent appreciation of the cedi against the dollar.

COCOSHE also praised the transparent process that led to the price announcement. According to the association, four farmer representatives participated in the Producer Price Review Committee, while COCOBOD engaged with regional heads of COCOSHE across the country. “We appreciate the transparency shown. This was not a backroom decision,” Bukari noted.

Credit: graphicbusiness

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