Government Maintains Cocoa Producer Price for 2026 Light Crop Season Despite Global Market Decline
By: Ebenezer Adu-Gyamfi / Emmanuel Ayiku for GhanaianNewsCanada | June 12, 2026
ACCRA, GHANA — The Government of Ghana, through the Ghana Cocoa Board (COCOBOD), has announced that the producer price of cocoa will remain unchanged for the upcoming 2026 Light Crop Season. The decision comes as a strategic intervention to insulate local farmers from a downturn in the international cocoa market.
In an official press statement released on Friday, June 12, 2026, authorities emphasized that the freeze on price adjustments is explicitly aimed at protecting the incomes and livelihoods of cocoa farmers, who serve as the backbone of one of Ghana’s most critical economic sectors.
Breakdown of the Maintained Pricing Structure
According to an official circular signed by Dr. Francis Baah, the Deputy Chief Executive in charge of Agronomy and Quality Control (A&QC) at COCOBOD, purchasing for the 2026 Light Crop Season is officially scheduled to commence nationwide on Thursday, June 18, 2026.
The guaranteed pricing structure for the season will be maintained at the following rates:
Per 30-kg Load: GH¢1,241.76 (for Grade I and II cocoa beans)
Per 64-kg Bag: GH¢2,587.00
Per Metric Tonne (16 bags): GH¢41,392.00
Insulating Farmers from Market Volatility
The government reiterated that keeping the farmgate price steady, despite a bearish run on the global commodities exchange, underscores its commitment to the agricultural community.
“By sustaining the current pricing, we aim to provide stability and confidence to farmers ahead of the new light crop season,” the statement read, highlighting the state’s intent to shield rural economies from international market shocks.
COCOBOD has formally communicated the directive to all critical industry stakeholders—including Licensed Buying Companies (LBCs), internal management, relevant government ministries, and local sector participants—to ensure an organized and seamless start to the purchasing season across the country.
