The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr. Ransford Abbey, has assured cocoa farmers of an increase in producer prices for the 2025/2026 crop season.
The new season, set to begin in August 2025, will see a significant increase in prices—surpassing those offered in neighboring Côte d’Ivoire.
Dr. Abbey gave the assurance during his ongoing nationwide tour of cocoa-growing communities, aimed at familiarizing himself with farmers and gathering firsthand insights into their concerns as he begins his tenure as CEO.
Addressing cocoa farmers in the Bono and Ahafo regions, he emphasized COCOBOD’s commitment to delivering fair and competitive pricing to ensure improved livelihoods for cocoa producers.
“We are determined to announce a new price by August that will not only reflect current global trends but will also be better than what is offered in Côte d’Ivoire,” Dr. Abbey said.
During the engagements, farmers welcomed the pricing assurance but also called for broader reforms to make cocoa farming more profitable and appealing, particularly to the youth.
They urged the government to enforce tree-planting initiatives in cocoa-growing areas to combat climate change, which continues to affect yields.
Farmers also appealed for the timely distribution of insecticides to ensure effective pest control and encouraged the provision of soft loans and incentives to support women in cocoa farming.
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