The government has increased the producer price of cocoa by 129.36% for the 2024/25 crop season.
By this increment, a 64-kilogramme bag of cocoa has been pegged at GH¢3,000 from GH¢1,308.
Minister for Food and Agriculture, Bryan Acheampong announced this at a press conference on Wednesday.
This represents a 45 percent increase in the producer price in April 2024 and a 129 percent increase from the September 2023 price.
The government in the middle of the 2023/2024 season increased the prices from GH¢20,928 per tonnes to GH¢33,120 per tonne in response to increasing cocoa prices on the international market.
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