{"id":23059,"date":"2025-08-20T09:40:50","date_gmt":"2025-08-20T09:40:50","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=23059"},"modified":"2025-08-20T09:44:01","modified_gmt":"2025-08-20T09:44:01","slug":"cocoa-farmers-in-ghana-go-slow-on-new-2025-26-price","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2025\/08\/20\/cocoa-farmers-in-ghana-go-slow-on-new-2025-26-price\/","title":{"rendered":"Cocoa farmers in Ghana go slow on new 2025-26 price\u00a0"},"content":{"rendered":"\n

Farmers in Ghana are half-heartedly acclimatizing to new farm-gate\u00a0cocoa rates<\/u><\/a>\u00a0despite receiving a 4% annual raise for the 2025-26 season.<\/p>\n\n\n\n

The Cocoa Board of Ghana (Cocobod) announced the price at 51,660 cedi <\/u><\/a>($4,784) a tonne on August 4 amid high expectations.<\/p>\n\n\n\n

But the positive welcome soured, as new nominal price of 3,228 cedi ($294.72) per 64 kg falls below producers\u2019 cost net.\u00a0<\/p>\n\n\n\n

By August 19, 2025, a union that represents 300,000 smallholders was threatening to prevent Cocobod from visiting member farms.  <\/p>\n\n\n\n

The representatives also opined that the state has barely met 70% of the free-on-board (FOB) cost mandate.<\/p>\n\n\n\n

Theophilus Tamakloe, VP at the Ghana Co-operative Cocoa Farmers & Marketing Association<\/u><\/a> suggested a FOB-representative rate of 3,800 cedi ($348.46)\/64 kg. <\/p>\n\n\n\n

These new prices apparently do not absorb a tide of rising input expenses such as fertilizers, which eat into profits.<\/p>\n\n\n\n

The double raise also falls short of that in Ivory Coast, the world\u2019s top cocoa bean producer. Here, farmers are getting around 187,283 CFA Francs (3,635 cedi, $331.88) per 64 kg.\u00a0<\/p>\n\n\n\n

Smuggle to Ivory Coast?<\/strong><\/strong><\/h3>\n\n\n\n

With differences widening between producer unions and the government, the threat of smuggling hangs palpably over the sector.<\/p>\n\n\n\n

2024\u2019s Best Cocoa Farmer, Kwame Alex, tells local media that Ivory Coast currently betters Ghana by 700 cedis ($63.63)\/tonne.<\/p>\n\n\n\n

Reports already indicate that growers in\u00a0Jaman South<\/u><\/a>\u00a0in the Bono Region of Ghana are already diverting cocoa across the border.\u00a0<\/p>\n\n\n\n

All this is happening despite the current home rate being above the\u00a02024-25 season\u2019s<\/a><\/u> 48,000 Cedi ($3,062) a tonne. Where to next for cocoa farmers in Ghana, producers of the second highest international raw bean volumes? The below statistics offer an extra look at the local pricing history.\u00a0<\/p>\n\n\n\n

Ghana Cocoa Farmers\u2019 Price <\/strong>Statistics <\/strong><\/strong><\/h2>\n\n\n\n

Every start of the season in September, the Cocoa Board of Ghana (Cocobod) provides a contractual producer price. In September 2024, Cocobod tripled the seasonal per-tonne price to 48,000 cedi ($3,062) and the per-64 kg equivalent to\u00a03,000 cedi<\/u><\/a>. \u00a0Below is a look at the board\u2019s changes in the 2021-25 period.<\/p>\n\n\n\n

Year<\/td>Rate Cedi per tonne<\/td><\/tr>
2025<\/td>51,660 ($4,784)<\/td><\/tr>
2024<\/td>48,000 ($3,062)<\/td><\/tr>
2023<\/td>20,943 ($1,382)<\/td><\/tr>
2022<\/td>12,800 ($842.24)<\/td><\/tr>
2021<\/td>10,560 ($670.56)<\/td><\/tr><\/tbody><\/table>
Fig:\u00a0Farm-gate cocoa prices per tonne in Ghana, 2021-25<\/em><\/figcaption><\/figure>\n\n\n\n

Ho<\/strong>w have 64-kg prices changed in Ghana since 2021?<\/strong><\/p>\n\n\n\n

From 2021 through 2025, the Cocobod has been raising the farm-gate rate, starting at  660 cedi<\/u><\/a> ($41.91), per the table below. <\/p>\n\n\n\n

Year<\/strong><\/strong><\/td>Rate Cedi per 64 kg<\/strong><\/strong><\/td><\/tr>
2025<\/td>3,228 ($294.72)<\/td><\/tr>
2024<\/td>2,070 ($131.44)<\/td><\/tr>
2023<\/td>1,308 ($83.19)<\/td><\/tr>
2022<\/td>800 ($50.80)<\/td><\/tr>
2021<\/td>660 ($41.91)<\/td><\/tr><\/tbody><\/table>
Fig:\u00a0Farm-gate cocoa prices per 64 kg in Ghana, 2021-25<\/em><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Farmers in Ghana are half-heartedly acclimatizing to new farm-gate\u00a0cocoa rates\u00a0despite receiving a 4% annual raise for the 2025-26 season. The Cocoa Board of Ghana (Cocobod) announced the price at 51,660 cedi ($4,784) a tonne on August 4 amid high expectations. But the positive welcome soured, as new nominal price of 3,228 cedi ($294.72) per 64 kg falls…<\/p>\n","protected":false},"author":3,"featured_media":21179,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"\nCocoa farmers in Ghana go slow on new 2025-26 price\u00a0 - Selina Wamucii | Food & Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2025\/08\/20\/cocoa-farmers-in-ghana-go-slow-on-new-2025-26-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cocoa farmers in Ghana go slow on new 2025-26 price\u00a0 - Selina Wamucii | Food & Agriculture News\" \/>\n<meta property=\"og:description\" content=\"Farmers in Ghana are half-heartedly acclimatizing to new farm-gate\u00a0cocoa rates\u00a0despite receiving a 4% annual raise for the 2025-26 season. 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