Government has announced a cumulative increase in the producer price of cocoa by 129.36% for the 2024/25 crop season.
At the start of the 2023/2024 crop season, a bag of 64kg of cocoa beans was sold at GH¢1,300 and was subsequently increased to GH¢2,070 when the spot price went up on the world market under the same period.
For the 2024/2025 crop season, the price has been increased to GH¢3,000.
Cumulatively, this represents an increase of by 129.36% for the 2024/2025 crop season.
