Market News
Ghana raises farmgate cocoa price by 4% for 2025/26 season - REUTERS
BY Emmanuel Bruce and Christian Arkolie
ACCRA, Aug 4 (Reuters) – Ghana, the world’s second-biggest cocoa producer, on Monday raised the fixed farmgate price paid to cocoa farmers by more than 4% for the 2025/26 crop season that starts on August 7.
Finance minister Cassiel Ato Forson told a press briefing in Accra that cocoa farmers would now receive 51,660 cedis, or about $5,040 a metric ton, compared with 49,600 cedis currently.
Ivory Coast’s state-guaranteed price paid to farmers for the 2024/2025 mid-crop is 2,200 CFA francs ($3.90) per kg.
($1 = 564.0000 CFA francs)
(Reporting by Emmanuel Bruce and Christian Arkolie; Writing by Anait Miridzhanian; Editing by David Goodman)
