The government is expected to announce a new producer price for cocoa before August 7, 2025.

This comes on the back of the technical committee on producer price completing its work for the government’s consideration.

The new 2025/2026 crop season is expected to start on August 7, 2025.

However, the Minister of Finance, Dr Cassiel Ato Forson is expected to announce the new producer price in the coming days.

The producer price is currently pegged at GH¢3,100 per kilogramme per bag and GH¢49,600 per tone.

President John Mahama, earlier this month, announced his administration’s commitment to ensuring that cocoa farmers in Ghana receive at least 70% of the world market price for cocoa.

This is aimed at restoring dignity and fairness to the backbone of Ghana’s agricultural economy.

Market watchers anticipate a possible upward adjustment in line with prevailing global cocoa prices which have surged in recent months.

SP/AME

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