Gov’t to announce new cocoa producer price today

The government is preparing to announce a new producer price for cocoa for the 2026/2027 season, with farmers awaiting details of what they will earn for their beans under the new pricing regime.

The announcement comes as efforts intensify to secure funding for the upcoming season and ease liquidity pressures confronting Ghana’s cocoa sector.

As part of preparations, the Ghana Cocoa Board (COCOBOD) has been engaging major international cocoa trading companies in London.

The discussions covered the newly passed Ghana Cocoa Board Act, 2026, a proposed financing framework for the cocoa sector and preparations for the new cocoa season.

COCOBOD and the trading companies also considered plans to raise funds through commercial paper and bond financing, as well as liquidity arrangements for the 2026/2027 season.

The engagements further explored private-sector financing support for Licensed Buying Companies and Ghana’s preparedness to comply with the European Union Deforestation Regulation.

For the 2025/2026 light crop season, the government opted to maintain the existing producer price despite a fall in international cocoa prices.

The price was kept at GH¢1,241.76 per 30-kilogramme load for Grade I and II cocoa beans, equivalent to GH¢2,587 per 64-kilogramme gross bag.

That translates to GH¢41,392 per tonne, based on 16 bags.

The new producer price will determine the returns cocoa farmers receive in the 2026/2027 season and could have wider implications for farmer incomes, cocoa purchasing operations and the financial health of the sector.

Also read:

• COCOBOD engages international trading partners ahead of 2026/27 cocoa season

• Ghana shifts cocoa dynamics with over GH¢1,035 premium farmgate price over Ivory Coast