Gov’t maintains cocoa producer price despite decline in global prices

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The Government of Ghana, through the Ghana Cocoa Board (COCOBOD), has announced that the producer price of cocoa will remain unchanged for the 2026 Light Crop Season, despite a recent decline in prices on the international market.

Purchases for the 2026 Light Crop Season are expected to officially commence on June 18, 2026.

In a statement issued on Friday, June 12, and signed by COCOBOD’s Deputy Chief Executive in charge of Agronomy and Quality Control, Dr. Francis Baah, the Board said the producer price for Grade I and II cocoa beans will remain at GH¢41,241.76 per load of 30 kilograms and GH¢2,587.00 per bag of 64 kilograms gross.

The producer price per tonne, equivalent to 16 bags, will also remain unchanged at GH¢41,392.00.

According to COCOBOD, the decision was taken to cushion cocoa farmers from the impact of falling global prices and to safeguard their incomes ahead of the new light crop season.

“The decision underscores the government’s commitment to protecting the incomes and livelihoods of cocoa farmers, even as international cocoa prices experience a downward trend,” the statement said.

The Board noted that maintaining the current producer price is expected to provide stability and certainty for cocoa farmers as they prepare for the season.

COCOBOD further indicated that the decision has been communicated to key stakeholders across the cocoa value chain, including Licensed Buying Companies (LBCs), management of the Board, relevant government ministries and other industry players to ensure a smooth start to cocoa purchases nationwide.

The announcement is likely to be welcomed by cocoa farmers, many of whom have expressed concerns about the impact of fluctuations in global cocoa prices on their earnings and livelihoods.

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Read the full statement below:

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