The Ghana Cocoa Board (COCOBOD) has decided to maintain the current producer price for cocoa for the 2025/2026 season, despite a recent price increase announced by neighboring Côte d’Ivoire.
The decision was communicated in a letter to the Licensed Cocoa Buyers’ Association of Ghana (LICOBAG) and signed by James Kofi Kutsoati, Deputy Chief Executive of Operations.
COCOBOD stated that the move follows a thorough assessment of the operational and financial impact on Ghana’s cocoa sector.
However, the board indicated that a review of producer prices, fees, and stakeholder margins for the upcoming season remains under consideration.
The announcement comes as cocoa-producing nations navigate volatile global market conditions and rising production costs. While Côte d’Ivoire, the world’s top cocoa producer, recently raised farm gate prices to support farmers, Ghana has opted for a cautious approach to ensure industry stability.
Stakeholders, including farmers and buyers, are urged to take note of the decision while awaiting further updates. COCOBOD assured that adjustments, if deemed necessary, will be communicated in due course.
