In a significant move for the agricultural sector, the government has confirmed its intention to announce a new producer price for cocoa before August 7, 2025. This decision comes as part of ongoing efforts to support local cocoa farmers and stabilize the industry amid fluctuating global market conditions.
The forthcoming announcement is expected to provide clarity to producers who have faced challenges related to price volatility in recent years. By setting a new benchmark, authorities hope to ensure fair compensation for farmers and promote sustainable practices within the cocoa supply chain.
Stakeholders in the cocoa industry, including farmers, traders, and exporters, are urged to stay informed as further details about the new pricing structure are anticipated in the coming months. This proactive approach reflects the government’s commitment to enhancing the livelihoods of cocoa producers and securing the future of the country’s cocoa industry
