The Ghana Cocoa Board (COCOBOD) has increased the producer price of cocoa for the 2026/2027 cocoa season from GH¢41,392 to GH¢42,400 per tonne.
COCOBOD Chief Executive, Dr. Randy Abbey, announced the new cocoa producer price as part of activities marking the opening of the new cocoa season.
The revised price represents an increase of GH¢1,008 per tonne, equivalent to approximately 2.4 percent, giving cocoa farmers a higher producer price for their beans compared with the previous season.
Dr. Randy Abbey also announced a realised Free-On-Board (FOB) cocoa price of US$2,650 per tonne for the 2026/2027 cocoa season.
According to COCOBOD, the new producer price represents 71.18 percent of the realised FOB value of cocoa. The pricing arrangement is intended to ensure that cocoa farmers receive a substantial share of the value generated from their produce.
The latest adjustment is expected to remain a key development for Ghana’s cocoa industry, particularly for cocoa farmers, licensed cocoa buyers and other stakeholders across the agricultural sector.
The cocoa producer price for 2026/2027 will therefore be closely watched as Ghana seeks to support cocoa farmers and strengthen the country’s position as a major global cocoa producer.
Source: newsthemegh.com