{"id":13441,"date":"2025-10-02T13:40:20","date_gmt":"2025-10-02T13:40:20","guid":{"rendered":"https:\/\/www.fishfmonline.com\/?p=13441"},"modified":"2025-10-02T13:40:20","modified_gmt":"2025-10-02T13:40:20","slug":"govt-hikes-cocoa-producer-price-to-ghs3625-per-bag","status":"publish","type":"post","link":"https:\/\/www.fishfmonline.com\/?p=13441","title":{"rendered":"Gov\u2019t hikes cocoa producer price to GHS3,625 per bag"},"content":{"rendered":"<p>The Government of Ghana has announced a significant increase in the producer price of cocoa for the 2025\/2026 season, raising the price from GHS3,228.75 to GHS3,625 per bag.<\/p>\n<p>This represents a 12.27% increase and translates to GHS58,000 per metric tonne, up from the earlier GHS51,660 per tonne.<\/p>\n<p>The decision was made during a meeting of the Producer Price Review Committee (PPRC), chaired by Minister for Finance, Dr. Cassiel Ato Forson, and comes after consultations with key stakeholders in the cocoa industry.<\/p>\n<p>The new price will take effect on Friday, 3rd October 2025, and aims to improve the incomes and livelihoods of Ghana\u2019s cocoa farmers.<\/p>\n<p>\u201cThis increase of about GHS400 per bag reflects Government\u2019s continued commitment to ensuring farmers receive fair value for their efforts, especially amid rising global cocoa prices,\u201d the Minister stated.<\/p>\n<p>The initial price, announced on August 4, 2025, was based on 70% of the average Free-on-Board (FoB) price of cocoa at US$7,200 per tonne, which translated into GHS3,228.75 per bag. The revised price still aligns with the Government\u2019s pledge to give farmers a substantial share of international market earnings.<\/p>\n<p>Despite the price adjustment, all margins, fees, and rates for other stakeholders, including the Ghana Cocoa Board (COCOBOD), remain unchanged.<\/p>\n<p><strong>Ongoing Support for Cocoa Farmers<\/strong><\/p>\n<p>COCOBOD will continue to implement support measures to boost productivity and welfare among cocoa farmers. These include:<\/p>\n<p>* Continued free supply of cocoa fertilizers (both liquid and granular)<br \/>\n* Free insecticides, fungicides, flower inducers, and spraying machines<br \/>\n* The upcoming Tertiary Education Scholarship Scheme for children of cocoa farmers, set to begin in the 2026\/27 academic year<\/p>\n<p>Dr. Ato Forson emphasised that Government remains steadfast in its commitment to building a \u201crobust and resilient cocoa industry that provides sustainable and optimal benefits to all stakeholders.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government of Ghana has announced a significant increase in the producer price of cocoa for the 2025\/2026 season, raising the price from GHS3,228.75 to GHS3,625 per bag. This represents a 12.27% increase and translates to GHS58,000 per metric tonne, up from the earlier GHS51,660 per tonne. The decision was made during a meeting of [&hellip;]<\/p>\n","protected":false},"author":123457,"featured_media":13442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[3788,41,3507],"tags":[2065,4141],"class_list":["post-13441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","category-general-news","category-national","tag-ato-forson","tag-cocoa-new-price"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/13441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/123457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13441"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/13441\/revisions"}],"predecessor-version":[{"id":13443,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/13441\/revisions\/13443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/13442"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}