The Ghana Cocoa Board (COCOBOD) has announced that the producer price of cocoa will remain unchanged for the 2025/2026 season. This is despite regional price adjustments and ongoing market volatility. In a letter dated April 8, addressed to the Licensed Cocoa Buyers’ Association of Ghana (LICOBAG), COCOBOD stated that the decision was based on a […]
Government will increase the state-guaranteed price paid to its cocoa farmers by nearly 45% for the 2024/25 crop season, two sources with knowledge of the price review told Reuters. This according to the sources aims to help boost their incomes and deter bean smuggling out of the country. The world’s number two cocoa producer raised […]
Ghana’s cocoa marketing board (Cocobod) made a GH¢2.3 billion ($149.84 million) profit in 2022/23, helped by the restructuring of its debt, the auditor general said in a report obtained by Reuters on Tuesday. The report showed that the cocoa regulator posted its first profit after six straight years of losses. Ghana, the world’s number two […]
