Government has approved GH¢12 per kilogram as the Minimum Producer Price for Raw Cashew Nuts for the 2025/26 crop season, a move aimed at protecting farmers’ incomes and sustaining growth in Ghana’s cashew industry.

The decision was taken through the Tree Crops Development Authority in line with its mandate under the Tree Crops Development Authority Act, 2019 (Act 1010) and the accompanying Regulations, L.I. 2471 (2023), particularly Regulation 47(1), which empowers the Authority to set producer prices for regulated tree crops.

According to a press release issued by the TCDA today in Accra, the approved price follows a stakeholder engagement held on December 10, 2025, in Techiman in the Bono East Region, which brought together farmers, aggregators, traders, exporters and processors across the Raw Cashew Nut value chain to ensure a transparent and inclusive pricing process.

During the engagement, participants were guided through the approved pricing mechanism, which took into account a prevailing Free On Board price of 1,400 dollars per metric tonne based on 48 KOR and 180 nut count with a maximum moisture content of 10 per cent, alongside a six-month average exchange rate of GH¢11.0241 and all relevant statutory and operational cost components.

Applying these parameters, the indicative price produced by the pricing formula was 1,012.08 dollars per metric tonne, equivalent to GH¢11,157.34, based on 46 KOR and 190 nut count at a maximum moisture content of 10 per cent. This translated into an indicative farmgate price of GH¢11.157 per kilogram.

However, after extensive deliberations, stakeholders unanimously agreed to adopt a simplified and more farmer-friendly round figure, leading to government approval of GH¢12.00 per kilogram as the Minimum Producer Price for the 2025/2026 Raw Cashew Nut season.

The consensus, according to the Authority, reflects a shared commitment by all value chain actors to fairness, improved farmer motivation and the maintenance of a competitive domestic cashew market, while also providing predictability for traders, processors and exporters.

Stakeholders further agreed that the Minimum Producer Price would be reviewed periodically to reflect changes in market conditions and key underlying parameters, including global prices and exchange rate movements.

The Tree Crops Development Authority expressed appreciation to all participants for their active involvement and constructive feedback, noting that the collaborative approach strengthens confidence in the pricing regime and supports the long-term sustainability of Ghana’s cashew industry.