Ghana Cuts Cocoa Producer Price to GHS41,392 as World Market Price Drops to US$4,100
Accra, Ghana- Ghana’s cocoa sector is facing renewed pressure after a sharp drop in global market prices forced a downward review of the producer price for the remainder of the 2025/26 crop season.
The Minister for Finance, Dr. Cassiel Ato Forson, has disclosed that the world market price of cocoa has fallen significantly from an average of US$7,200 per tonne to about US$4,100 per tonne. The decline, he noted, has made Ghana’s cocoa beans less competitive and created liquidity challenges within the sector.
The downturn prompted an emergency meeting of the Producer Price Review Committee (PPRC) on Thursday afternoon to assess the financial stress confronting the industry and determine an appropriate producer price adjustment.
In a move aimed at cushioning farmers from the full impact of the price slump, the PPRC recommended that farmers receive 90 percent of the achieved gross Free On Board (FOB) price of US$4,200 per tonne.
Following that recommendation, the Committee announced that effective Thursday, 12 February 2026, the new producer price for the remainder of the 2025/26 crop season will be GHS41,392.00 per tonne and GHS2,587.00 per bag.
According to the Finance Minister, the adjustment has become necessary to reflect prevailing global market realities, inject immediate liquidity into the cocoa value chain, and ensure expedited payments to farmers.
The decision underscores the delicate balancing act facing policymakers: protecting farmer incomes while maintaining the financial sustainability of Ghana’s cocoa sector, which remains one of the country’s most critical export earners.
The announcement comes amid broader cocoa sector reforms aimed at improving financial viability and long-term sustainability, including changes to financing models and measures designed to guarantee fair returns to producers.
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