New cocoa price disappointing, farmers feel betrayed – Dr. Isaac Opoku

Ranking Member on the Committee on Agriculture and Cocoa Affairs, Dr. Isaac Opoku,

Ranking Member of Parliament’s Food and Cocoa Affairs Committee, Dr. Isaac Yaw Opoku, has expressed disappointment over the newly announced cocoa producer price for the 2025/2026 crop season, describing it as inadequate and a betrayal of farmers’ expectations.

Speaking on Asempa FM’s Ekosii Sen show, the Offinso MP said the new price of GH₵3,228.75 per 64kg bag has left many cocoa farmers disheartened, especially in light of earlier campaign promises.

“The farmers are not happy. They don’t care about exchange rate analysis—what matters to them is how much they are paid for their cocoa. We need to be honest with them,” he said.

Dr. Opoku criticised the government for failing to honour its campaign pledge to pay GH₵6,000 per bag if elected.

“What changed? They made a promise to the farmers, and they must honour it,” he stated.

The new price, announced on Monday, August 4, represents a modest increase from the previous GH₵3,100 per bag.

Farmers and stakeholders have since expressed mixed reactions, with many calling for a more substantial adjustment in line with rising production costs and international market gains.

Source: Farida Seidu | Adomonline

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