Finance Minister Dr Cassiel Ato Forson announced a significant adjustment in the cocoa producer price to support farmers amid declining global market prices.
At a press briefing held on Thursday, February 12, 2026, Dr Forson revealed that the Producer Price Review Committee (PPRC), under his chairmanship, convened earlier in the day to assess challenges in the cocoa sector and to review the producer price for the remainder of the 2025–2026 crop year.
In a bid to cushion farmers from the adverse effects of the fall in the world cocoa market, the committee recommended that farmers be paid 90% of the achieved gross Free on Board (FOB) price of USD 4,200 per tonne.
“In order to cushion the farmer, the PPRC has recommended that the farmer be paid 90% of the achieved gross fob of USD 4,200 per tonne,” he noted.
This adjustment, he noted, is intended to mitigate income losses and provide financial relief to cocoa producers.
As a result, the PPRC announced that effective immediately, the new producer price for the remainder of the 2025–2026 crop season will be GH₵41,392 per tonne, or GH₵2,587 per bag.
Dr Forson explained that the adjustment is necessary to reflect the realities of the international cocoa market while ensuring the injection of immediate liquidity into the sector.
“This measure is crucial for expedited payment of farmers and for guaranteeing the sustainability of our cocoa industry,” he stated.
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Source: www.myjoyonline.com