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Accra, 2nd October 2025 ... The Producer Price Review Committee (PPRC) on Cocoa, under my Chairmanship, convened today to review the Producer Price of Cocoa for the 2025/2026 season.
2. On 4th August 2025, Government announced a producer price of cocoa for the 2025/2026 season at GHS3,228.75 per bag and GHS51,660 (US$5,040) per tonne, representing 70% of the average Gross FoB price of US$7,200 per tonne.
3. Following extensive consultations with stakeholders, Government has decided to increase the producer price of cocoa to GHS3,625 per bag or GHS58,000 per tonne.
4. This represents an increase of about GHS400 per bag, equivalent to a 12.27% rise over the price announced in August.
5. The new price takes effect tomorrow, Friday, 3rd October 2025.
6. Margins, fees, and rates to all other stakeholders, including COCOBOD, remain unchanged.
7. COCOBOD will continue to implement interventions to support cocoa production and improve the welfare of cocoa farmers.
8. In particular, COCOBOD will intensify the supply of free cocoa fertilisers (liquid and granular), free insecticides, free spraying machines, free fungicides, and free flower inducers.
9. In addition, COCOBOD remains on track to implement the new Tertiary Education Scholarship Scheme for children of cocoa farmers in the 2026/27 academic year.
10. Government remains committed to supporting the Ghana Cocoa Board to build a robust and resilient cocoa industry that provides sustainable and optimal benefits to all stakeholders.
-END-
DR. CASSIEL ATO FORSON
Minister for Finance
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