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Home Agriculture

A bag of cocoa now Gh₵2,587.00

Patrick Gyasi by Patrick Gyasi
February 12, 2026
in Agriculture, General News, Politics
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A bag of cocoa now Gh₵2,587.00
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The government has announced a reduction in the cocoa producer price, setting it at GH¢41,392 per tonne—equivalent to GH¢2,587 per bag—for the remainder of the 2025/2026 crop season.

The decision, approved by the Producer Price Review Committee (PPRC), takes effect from Thursday, February 12, 2026.

Addressing the press on Thursday, February 12, Finance Minister Dr. Cassiel Ato Forson explained that the decision was informed by prevailing conditions on the international cocoa market.

He said the adjustment reflects current global cocoa prices and is intended to restore confidence across the industry.

The Minister further indicated that the new rate is expected to inject immediate liquidity into the cocoa value chain, helping to fast-track payments to farmers who have experienced delays in recent months and easing financial pressures at the farm level.

The price revision, he noted, forms part of broader reforms to ensure the long-term sustainability of Ghana’s cocoa industry. He described the measure as necessary to stabilise the sector, strengthen its financial footing, and secure better outcomes for cocoa farmers.

“As a result of that, the PPRC thereby announces that effective today, Thursday 12th February 2026, the new producer price for the remainder of the 2025–2026 crop season will now be 41,392 Ghana Cedis per ton and 2,587 Ghana Cedis per bag,” he said.

The new rate represents a downward revision from the initial price announced at the start of the 2025/26 crop season.

The producer price was fixed at US$5,040 per tonne, representing a 62.58 percent increase in dollar terms. In cedi terms, that translates to GH¢51,660 per tonne or GH¢3,228.75 per bag.

Tags: Cassiel Ato ForsonCOCOAGhana newsreduction in the cocoa producer price
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