COCOBOD maintains Cocoa price for 2025/2026 season amid political division
12th July 2025
The Ghana Cocoa Board (COCOBOD) has announced that the producer price of cocoa will remain at GH₵3,100 per 64kg bag for the 2025/2026 season, despite recent price increases by neighbouring Côte d’Ivoire.
The decision has sparked political debate, with Charles Forson, Member of Parliament for Tema Central, filing an urgent question in Parliament directed at the Minister for Food and Agriculture, Eric Opoku. He is seeking answers as to why Ghana has not adjusted its cocoa prices in line with its West African neighbour.
However, the Ranking Member on the Agriculture Committee, Vincent Oppong Asamoah, criticised the move, describing the opposition's concern as “mischievous.” He argued that COCOBOD’s decision is grounded in a broader strategy to maintain stability and ensure long-term sustainability in the cocoa sector.
“As a country, we’re grappling with issues like cross-border smuggling and significant price differentials. The decision not to raise prices was carefully considered to avoid further complications,” Asamoah stated.
He added that the newly appointed Chief Executive of COCOBOD is working to restore the sector’s health by improving management practices and addressing legacy debts inherited from the previous administration.
According to COCOBOD, the current pricing policy reflects a careful assessment of financial pressures and operational realities, as the industry continues to navigate complex domestic and regional challenges.