Government increases price of Cocoa; GHS3,388.75 per 64 KG bag as new price for farmers

The government has increased the price of cocoa beans paid to cocoa farmers from GH¢49,600 per tonne to GH¢51,660 per tonne, with a target to pursue about 650,000 tonnes for the 2025/2026 cocoa year. 

The increment represents GH¢3,228.75 per bag of 64-kilogramme gross weight of cocoa.

This was announced by the Minister of Finance, Dr Cassiel Ato Forson, at a press conference in Accra on Monday (Aug 4, 2025).

This increase in the producer price, he said represented a 70 per cent of the gross Free-On-Board (FOB) value of $7,200 per tonne adding that the increment was coming on the back of a strong Ghana Cedi and declining inflation, reflecting government’s commitment to improving the livelihoods of our cocoa farmers.