Ghana has reduced the producer price of cocoa to GH¢41,392 per tonne for the remainder of the 2025/26 crop season, in a move aimed at stabilizing the sector and easing liquidity constraints for farmers. The new rate, approved by the Producer Price Review Committee (PPRC), took effect Thursday, February 12, and translates to GH¢2,587 per bag.
Finance Minister Dr. Cassiel Ato Forson told reporters the adjustment was driven by prevailing conditions on the international cocoa market. “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 41,392 Ghana Cedis per ton and 2,587 Ghana Cedis per bag,” he said.
Forson said the revision is expected to inject immediate liquidity into the cocoa value chain, fast-tracking payments to farmers who have faced delays in recent months and easing financial pressures at the farm level. He added that the measure forms part of broader reforms to ensure the long-term sustainability of Ghana’s cocoa industry. “The adjustment reflects current global cocoa prices and is intended to restore confidence across the industry,” he noted.
The new rate marks a downward revision from the initial price announced at the start of the crop season. At that time, the producer price was fixed at US$5,040 per tonne, representing a 62.58% increase in dollar terms. In cedi terms, that translated to GH¢51,660 per tonne or GH¢3,228.75 per bag.
Dr. Forson described the latest move as necessary to stabilize the sector, strengthen its financial footing, and secure better outcomes for cocoa farmers, who remain central to Ghana’s export earnings.
