Finance Minister Dr Cassiel Ato Forson has announced a revised cocoa producer price aimed at cushioning farmers against the recent decline in global cocoa prices.

Speaking during a press briefing on Thursday, February 12, Dr Forson disclosed that the Producer Price Review Committee (PPRC), under his chairmanship, convened earlier in the day to assess the challenges facing the sector and to review the producer price for the remainder of the 2025–2026 crop season.

In order to mitigate the impact of falling international prices, the PPRC recommended that farmers receive 90% of the achieved gross Free on Board (FOB) price of USD 4,200 per tonne.

"The PPRC has recommended that the farmer be paid 90% of the achieved gross fob of USD 4,200 per tonne," he said.

As a result, the committee has set the new producer price at GH₵41,392 per tonne, equivalent to GH₵2,587 per bag, effective immediately.

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"As a result of that, the PPRC thereby announces that effective today, Thursday, 12th February, 2026 the new producer price for the remainder of the 2025, 2026 crop season will now be GH 41, 392 per tonne and 2,587 per bag," he noted.

Dr Forson explained that the adjustment reflects the realities of the world cocoa market while ensuring an injection of immediate liquidity into the sector.

“This measure is necessary to enable the expedited payment of farmers and to guarantee the sustainability of our cocoa industry,” he said.

The Finance Minister emphasised that the revised price is designed to protect farmers’ incomes amid volatile international market conditions while sustaining Ghana’s position as a leading cocoa producer.