Audio By Carbonatix
Finance Minister Dr Cassiel Ato Forson announced a significant adjustment in the cocoa producer price to support farmers amid declining global market prices.
At a press briefing held on Thursday, February 12, 2026, Dr Forson revealed that the Producer Price Review Committee (PPRC), under his chairmanship, convened earlier in the day to assess challenges in the cocoa sector and to review the producer price for the remainder of the 2025–2026 crop year.
In a bid to cushion farmers from the adverse effects of the fall in the world cocoa market, the committee recommended that farmers be paid 90% of the achieved gross Free on Board (FOB) price of USD 4,200 per tonne.
"In order to cushion the farmer, the PPRC has recommended that the farmer be paid 90% of the achieved gross fob of USD 4,200 per tonne," he noted.
This adjustment, he noted, is intended to mitigate income losses and provide financial relief to cocoa producers.
As a result, the PPRC announced that effective immediately, the new producer price for the remainder of the 2025–2026 crop season will be GH₵41,392 per tonne, or GH₵2,587 per bag.
Dr Forson explained that the adjustment is necessary to reflect the realities of the international cocoa market while ensuring the injection of immediate liquidity into the sector.
“This measure is crucial for expedited payment of farmers and for guaranteeing the sustainability of our cocoa industry,” he stated.
Latest Stories
-
ASAC 2026: Ghana sees 3 medals as 4x100m relay team make final
2 hours -
One million coders programme: Can government achieve its target?
2 hours -
Asiama wins “Best Male Vocal Performance” at the 27th TGMA
2 hours -
Over half of Gen Zs, millennials delay major life decisions including starting a family – Deloitte Survey
2 hours -
Stanbic Bank eyes district expansion in Upper West as credit conditions improve
2 hours -
NDC women’s wing accuses Suame MCE of nepotism, neglect of party members
3 hours -
Ghana’s labour market faces deep structural weaknesses; NDPC’s job first agenda is laudable – US-based Economist
3 hours -
NPP warns of retaliation over alleged harassment of party members
3 hours -
PSWU-NIA division suspends strike after NLC intervention
3 hours -
Ghana going back to the IMF for the 18th time?
3 hours -
Ghana to start selling $1 billion of cocoa bonds from July
3 hours -
‘We’ll make you a cedi millionaire’ – Ibrahim Mahama to xenophobic attack victim
4 hours -
Development of Savannah Region is government’s priority list – Asiedu Nketiah
4 hours -
Success of Mahama’s government is a collective responsibility — Asiedu Nketia rallies NDC supporters during regional tour
4 hours -
Governance expert calls for rule of law amid political victimisation claims
5 hours