{"id":5107,"date":"2025-08-04T16:15:38","date_gmt":"2025-08-04T16:15:38","guid":{"rendered":"https:\/\/storylinegh.com\/?p=5107"},"modified":"2025-09-16T22:37:25","modified_gmt":"2025-09-16T22:37:25","slug":"government-increases-producer-price-of-cocoa-to-5040-per-tonne-effective-august-7","status":"publish","type":"post","link":"https:\/\/storylinegh.com\/index.php\/2025\/08\/04\/government-increases-producer-price-of-cocoa-to-5040-per-tonne-effective-august-7\/","title":{"rendered":"Government increases producer price of cocoa to $5,040 per tonne effective August 7"},"content":{"rendered":"\n<p>The Government of Ghana has approved a substantial rise in the producer price of cocoa for the upcoming 2025\/2026 season. The price has been increased from <strong>US$3,100 to US$5,040 per tonne<\/strong>, marking a <strong>62.58% increase<\/strong> in US dollar terms.<\/p>\n\n\n\n<p>Finance Minister Dr. Cassiel Ato Forson announced the decision on Monday, August 4, 2025, via a social media post. The announcement followed a meeting of the Producer Price Review Committee (PPRC), which Dr. Forson chairs.<\/p>\n\n\n\n<p>This increase is in line with President Mahama\u2019s pledge to ensure that cocoa farmers receive <strong>70% of the Free-On-Board (FOB) value<\/strong>, improving farmers\u2019 earnings and incentivizing production. The Government of Ghana has approved a significant increase in the producer price of cocoa, raising it from <strong>US$3,100 to US$5,040 per tonne<\/strong> for the upcoming 2025\/2026 season. This adjustment represents a <strong>62.58% increase<\/strong> in US dollar terms and ensures that cocoa farmers receive <strong>70% of the gross Free-On-Board (FOB) value of US$7,200 per tonne<\/strong>.<\/p>\n\n\n\n<p>Finance Minister Dr. Cassiel Ato Forson announced the decision on Monday, August 4, 2025, following a meeting of the Producer Price Review Committee (PPRC), which he chairs. Speaking on the decision, Dr. Forson said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cGovernment has by this decision increased the producer price significantly\u2026 representing 70% of the gross FOB value of $7,200 per tonne.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>He also compared the new policy to that of the previous administration, noting that the New Patriotic Party (NPP) government in the 2024\/25 season paid producers <strong>US$3,100 per tonne against an FOB value of US$4,850<\/strong>, amounting to just <strong>63.9%<\/strong> of the FOB value.<\/p>\n\n\n\n<p>Dr. Forson explained that the current FOB value is based on a blend of contracts sold at <strong>$2,600 per tonne in the 2023\/24 crop year<\/strong> and forward forecasts for the 2025\/2026 season. With an average exchange rate of <strong>GH\u00a210.25 to the US dollar<\/strong>, the new producer price means cocoa farmers will receive <strong>GH\u00a251,660 per tonne<\/strong>, or <strong>GH\u00a23,228.75 per 64-kilogramme bag<\/strong> of cocoa. This increased rate will take effect starting <strong>Thursday, August 7, 2025<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"638\" height=\"424\" data-id=\"5108\" src=\"https:\/\/storylinegh.com\/wp-content\/uploads\/2025\/08\/ATO.jpg\" alt=\"\" class=\"wp-image-5108\" srcset=\"https:\/\/storylinegh.com\/wp-content\/uploads\/2025\/08\/ATO.jpg 638w, https:\/\/storylinegh.com\/wp-content\/uploads\/2025\/08\/ATO-300x199.jpg 300w\" sizes=\"auto, (max-width: 638px) 100vw, 638px\" \/><\/figure>\n<\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Government of Ghana has approved a substantial rise in the producer price of cocoa for the upcoming 2025\/2026 season. The price has been increased<\/p>\n","protected":false},"author":123462,"featured_media":5152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[104],"tags":[],"class_list":["post-5107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","two-columns"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Government increases producer price of cocoa to $5,040 per tonne effective August 7 - Storyline<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/storylinegh.com\/index.php\/2025\/08\/04\/government-increases-producer-price-of-cocoa-to-5040-per-tonne-effective-august-7\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government increases producer price of cocoa to $5,040 per tonne effective August 7 - Storyline\" \/>\n<meta property=\"og:description\" content=\"The Government of Ghana has approved a substantial rise in the producer price of cocoa for the upcoming 2025\/2026 season. 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