A concerned cocoa farmer, Mark Ewusi Arkoh, has criticised the government’s newly announced cocoa producer price, describing it as “woefully inadequate” and warning of severe consequences for the industry and the economy.
In a statement issued on Tuesday, August 5, Mr. Arkoh said the GH¢128 increase per bag — which brings the price for the 2025/2026 season to GH¢3,228.75 per 64kg bag — is uncompetitive and risks pushing farmers to sell their beans across borders for higher returns.
“This paltry increase will undoubtedly lead to smuggling of beans where farmers are likely to seek better opportunities across borders, which will deprive Ghana of its valuable cocoa revenue,” he cautioned.
