Cocoa farmers in Ghana are expressing disappointment over the government’s new producer price of $5,040 per tonne for the 2025/26 season, a 62.58% increase from $3,100, announced by Finance Minister Dr. Cassiel Ato Forson on August 4, 2025, per JoyNews. Emmanuel Nodjo, a farmer with seven acres, told JoyNews’ PM Express that the price falls short of the expected $4,000 minimum, leaving farmers frustrated.
But for farmers like Emmanuel Nodjo, the jump is not good enough.
Dr. Forson defended the hike, stating it aligns with President John Mahama’s pledge to deliver 70% of the Free-On-Board (FOB) value, contrasting it with the previous NPP administration’s 63.9% of $4,850 in 2024/25. Despite the increase, farmers like Nodjo argue it doesn’t reflect their labor. The Ghana cocoa price hike has sparked debate over fair compensation.
Stay updated on the Ghana cocoa price hike and its impact on farmers!
source: myjoyonline
