Ghana to announce 2026/27 cocoa producer price
Ghana is preparing to set a new cocoa producer price as COCOBOD works with international traders and lenders to secure financing for the 2026/27 season.
GHANA – Ghana is set to announce a new cocoa producer price for the 2026/27 season as the Ghana Cocoa Board (COCOBOD) works to secure financing and address liquidity challenges ahead of the new crop year.
COCOBOD has been engaging major international cocoa trading companies in London to discuss preparations for the new season, including the newly enacted Ghana Cocoa Board Act, 2026, the proposed sector financing framework, and plans for commercial paper and bond financing.
The discussions also covered liquidity arrangements, private-sector financing for Licensed Buying Companies and Ghana’s preparations to implement the European Union Deforestation Regulation.
The upcoming price announcement will determine the amount cocoa farmers receive for their beans during the new season and comes as Ghana seeks funding to support cocoa purchases.
Earlier this year, the government maintained the producer price for the 2025/26 light crop season despite falling international cocoa prices. The price was set at GH¢1,241.76 per 30-kilogramme load for Grade I and II cocoa beans and GH¢2,587 per 64-kilogramme gross bag.
This equates to GH¢41,392 per tonne, equivalent to 16 bags of cocoa. COCOBOD said the decision was intended to provide stability for farmers despite declining global prices.
The new pricing decision comes as Ghana addresses funding pressures in the cocoa sector. The government has introduced measures aimed at improving COCOBOD’s financial position and ensuring the sustainability of cocoa purchases and farmer payments.
Meanwhile, Ivory Coast has maintained its cocoa farmgate price at 1,200 CFA francs, about US$2.12, per kilogramme for the 2026/27 main crop season. The price remains unchanged from the level introduced in March.
The current Ivorian price is significantly below the 2,800 CFA francs per kilogramme paid at the start of the 2025/26 season.
As Ghana prepares to announce its new producer price, the decision will set the payment level for farmers and shape purchasing arrangements for Licensed Buying Companies during the 2026/27 cocoa season.
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