The Ghana Cocoa Board (COCOBOD) has announced the commencement of purchases for the 2024/2025 Main Crop Season, which began on Wednesday, September 11, 2024.
As part of the announcement, COCOBOD has set the producer prices for cocoa beans across all buying centres in the country.
According to the new price structure, farmers will be paid GH₵1,440.00 per load of 30 kilograms for both Grade I and Grade II cocoa beans, with the beans purchased “naked ex-scale.”
For a standard 64-kilogram bag of cocoa beans, the price has been set at GH₵3,000.00.
Additionally, a tonne of cocoa, which comprises 16 bags, will be priced at GH₵48,000.00.
The increase in the producer price is expected to provide significant relief to cocoa farmers, as the cocoa industry remains one of the pillars of Ghana’s economy.
