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Maroc Maroc - WN.COM - Business - 19/Feb 03:42

The new cocoa producer price

In an unprecedented move, the government reduced the producer price of cocoa for the 2025/26 season by 29 per cent from GH¢3,625 per bag to GH¢2,587 per bag. The government explains that this was a difficult but necessary decision given the current price of cocoa on the world market and other challenges facing Ghana Cocoa Board (COCOBOD). If you are a cocoa farmer like my mother, it is a difficult and painful pill to swallow because this decision requires adjusting your income expectations. The change in expected income has further consequences for the farmer. If you are the government, this decision represents adjusting revenue expectations and figuring out how to finance...

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