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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd
The Tree Crops Development Authority (TCDA) has moved to clarify how cashew farmgate prices are determined in Ghana, stressing that producer prices are established through a structured and consultative process and not arbitrarily fixed.
According to the Authority, cashew prices are determined based on key market indicators, including international Free on Board (FOB) prices, exchange rate movements, and operational costs within the industry.
The process also involves consultations with key stakeholders across the cashew value chain.
The clarification follows what TCDA describes as growing misinformation regarding cashew producer prices in the country.
Source: newsthemegh.com