Ghana raises farmgate cocoa price by 4% for 2025/26 season

Ghana, the world's second-biggest cocoa producer, on Monday raised the fixed farmgate price paid to cocoa farmers by more than 4% for the 2025/26 crop season that starts on Thursday.

August 05, 2025 at 1:30 pm

Cassiel Ato Forson, Ghana’s finance minister. In a letter seen by Reuters from Ghana's finance ministry to Afreximbank, dated May 21, the government requested the bank to begin debt treatment discussions. File photo. (REUTERS/Francis Kokoroko )

Ghana, the world's second-biggest cocoa producer, on Monday raised the fixed farmgate price paid to cocoa farmers by more than 4% for the 2025/26 crop season that starts on Thursday.

Finance minister Cassiel Ato Forson told a press briefing in Accra that cocoa farmers would now receive 51,660 cedis (R88,0047) a metric ton, compared with 49,600 cedis (R84,536) currently.

Ivory Coast's state-guaranteed price paid to farmers for the 2024/2025 mid-crop is 2,200 CFA francs (R69.47) per kg.

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