The Ghana Cocoa Board (COCOBOD) has officially increased the Ghana cocoa producer price for the 2026/2027 cocoa season from GH¢41,392 to GH¢42,400 per tonne. The announcement was made by COCOBOD Chief Executive Dr. Randy Abbey during the opening arrangements for the new cocoa season.
The new cocoa price increase in Ghana represents an additional GH¢1,008 per tonne, equivalent to a rise of about 2.4 percent over the previous season’s producer price.
According to COCOBOD, the new Ghana cocoa producer price represents 71.18 percent of the realised FOB value. This reflects the government’s commitment to ensuring that cocoa farmers in Ghana receive a significant share of the value generated from their produce.
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The new pricing framework follows the passage of the Ghana Cocoa Board Act, 2026. The law provides for an automatic adjustment mechanism linked to international cocoa prices, exchange rates, and other relevant market factors
Importantly, the Act guarantees farmers at least 70 percent of the gross FOB price, strengthening income protection for cocoa farmers across the country.
COCOBOD has also been working on a new financing framework for cocoa purchases. The government is seeking to reduce the sector’s reliance on traditional international syndicated loans and increase participation by domestic investors.
The new cocoa financing approach includes the 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 cocoa season begins against the backdrop of significant changes in cocoa financing, pricing, and sector management. The new Ghana cocoa producer price is expected to shape purchasing arrangements and farmer incomes throughout the season.
For cocoa farmers, the combination of a higher producer price, a guaranteed minimum share of FOB value, and a more sustainable financing model signals stronger income stability in the years ahead.