COCOBOD raises cocoa producer price to GH¢42,400 per tonne for 2026/27 season
COCOBOD has raised the cocoa producer price to GH¢42,400 per tonne for the new 2026/27 season, giving farmers 71.18 per cent of the realised FOB value.
The Ghana Cocoa Board (COCOBOD) has increased the producer price of cocoa to GH¢42,400 per tonne, up from GH¢41,392, effective Friday, 25 September 2026, as the new cocoa season opens.
Chief Executive of COCOBOD, Dr Randy Abbey, announced the new price as part of the opening arrangements for the 2026/2027 season.
The increase amounts to GH¢1,008 per tonne, or about 2.4 per cent, over the previous producer price. At the standard 64-kilogramme bag size, the new price works out to roughly GH¢2,714, up from about GH¢2,649 previously.
Dr Abbey also announced a realised Free-On-Board (FOB) price of US$2,650 per tonne for the new season. According to COCOBOD, the new producer price represents 71.18 per cent of the realised FOB value, which the Board said reflects the government's commitment to ensuring cocoa farmers receive a significant share of the value generated from their produce.
The adjustment comes as the cocoa sector undergoes reforms aimed at improving COCOBOD's financial sustainability while protecting farmer incomes. The new pricing follows the passage of the Ghana Cocoa Board Act, 2026, which introduces an automatic adjustment mechanism linked to international cocoa prices, exchange rates, and other relevant factors, while guaranteeing farmers at least 70 per cent of the gross FOB price. This season's 71.18 per cent share exceeds that statutory floor.
COCOBOD has also been developing a new financing framework for cocoa purchases, as the government looks to reduce the sector's reliance on traditional international syndicated loans and increase participation by domestic investors. The new approach includes a proposed Cocoa Notes Programme, through which COCOBOD intends to mobilise funding from Ghana's domestic capital market to support cocoa purchases and related operations.
The 2026/2027 season therefore begins against a backdrop of significant changes in cocoa financing, pricing, and sector management, with the new producer price expected to shape purchasing arrangements and farmer incomes through the year ahead.