The Ghana Cocoa Board (COCOBOD) has received praise from farmers in Sehwi Aboagyekrom, Western North Region, after it was announced that a new cocoa producer price would be announced in August 2025.
The price is expected to rise above that of neighbouring Ivory Coast, which the farmers say will improve their standard of living and solve important issues facing the cocoa sector.
During a three-day working tour of the Western North and Western South Regions, COCOBOD’s CEO, Dr Ransford Abbey, made the announcement.
Speaking to a group of cocoa farmers in the Sehwi Wiawso Municipality’s Aboagyekrom, Dr. Abbey clarified that the government’s intention to support cocoa farmers and lessen the incentive to smuggle produce across borders, where prices are currently more favourable, is reflected in the planned price increase.
He underlined that the ruling is in line with a larger plan to raise farmers’ incomes, stop the smuggling of cocoa, and deter illicit mining in cocoa-growing regions.
The farmers expressed relief and excitement at the news, particularly in light of the persistent rumours that this year’s price increase would not occur.
They praised COCOBOD for responding to their appeals and demonstrating a dedication to the well-being of cocoa growers.
Several farmers told the media that once the new price is in place, it will not only spur them to boost output but also inspire more young people to start growing cocoa. Additionally, they think it will help stabilise the industry by deterring the smuggling of cocoa beans across international borders.
The farmers urged the government to make sure that the August announcement includes a significant increase that reflects the state of the market and promised to continue supporting COCOBOD.
Ghana|Atinkaonline.com|Najat Adamu