GH¢2,650 cocoa producer price for the 2026/27 season ‘inadequate and unlawful’ – NPP

The NPP has therefore called on the government to publish in full the computation behind the GH¢2,650 price, including realised Gross FOB figures, forward-contract details, treatment of the LID and the exchange rate used; review the producer price upward to comply with Section 57 of Act 1182; pay without delay the amounts withheld from farmers as a result of the February 2026 reduction; settle all outstanding arrears owed to farmers and LBCs for the 2025/26 crop year; and present a credible financing plan guaranteeing prompt payment for cocoa purchased in the new season.

The New Patriotic Party (NPP) has strongly criticised the producer price fixed by the National Democratic Congress (NDC) government for the 2026/27 cocoa season, describing it as both inadequate and unlawful under legislation passed by the same administration.

That provision states that the producer price for a crop season “shall not be less than 70% of the Gross Free-on-Board (FOB) price realized by the Cocoa Board for that crop season.