Gov’t Sets 2025-2026 Farmgate Cocoa Price at GH₵41,392 Per Tonne
By Praisebell Rosemond Larbi
Government has announced a new cocoa producer price of GH₵41,392 per tonne for the remainder of the 2025–2026 crop season, in a move aimed at cushioning farmers against the recent decline in global cocoa prices and stabilising incomes within the sector.
The announcement was made by the Minister for Finance, Dr Cassiel Ato Forson, during a press briefing on Thursday, February 12, 2026. He disclosed that the Producer Price Review Committee (PPRC), which he chairs, met earlier in the day to review prevailing market conditions and assess the impact of falling international cocoa prices on Ghanaian farmers.
Dr Forson explained that after extensive deliberations, the Committee resolved that farmers should receive 90 percent of the achieved gross Free on Board (FOB) price of US$4,200 per tonne. The decision, he said, was taken to shield farmers from volatility on the global market while preserving the financial sustainability of the cocoa sector.
“The PPRC has recommended that the farmer be paid 90 percent of the achieved gross FOB of US$4,200 per tonne,” he stated.
Following this recommendation, the new producer price has been set at GH₵41,392 per tonne, which translates into GH₵2,587 per bag. The revised price takes immediate effect.
“As a result of that, the PPRC hereby 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 GH₵2,587 per bag,” Dr Forson announced.
He noted that although global cocoa prices have recently experienced downward adjustments, government remains committed to ensuring that farmers receive a fair share of export earnings. According to him, the adjustment is also intended to inject liquidity into cocoa-growing communities and facilitate the expedited payment of farmers.
“This measure is necessary to enable the expedited payment of farmers and to guarantee the sustainability of our cocoa industry,” he emphasised.
Dr Forson further underscored the strategic importance of the cocoa sector to Ghana’s economy, describing it as a critical pillar of foreign exchange generation, rural employment, and national economic stability. He reiterated government’s commitment to protecting farmer incomes, improving productivity, and maintaining Ghana’s position as one of the world’s leading cocoa producers.
The revised pricing framework is expected to provide short-term relief to farmers while reinforcing confidence in the sector amid fluctuating global commodity market conditions.
