Ghana has opened the 2026/27 cocoa season with a new producer price of GH¢42,400 per tonne, giving cocoa farmers GH¢2,650 for every 64-kilogramme bag of cocoa.
The new cocoa producer price, announced by the Ghana Cocoa Board (COCOBOD), represents an increase from the previous price of GH¢41,392 per tonne, or GH¢2,587 per 64kg bag.
The new rate took effect with the opening of the 2026/27 cocoa season and has quickly become one of the major developments in Ghana’s agricultural sector.
Ghana Cocoa Price 2026: Increase of GH¢1,008 Per Tonne
Under the new arrangement, the cocoa producer price has increased by GH¢1,008 per tonne.
For farmers selling cocoa in the standard 64kg bag, the price has increased by GH¢63, from GH¢2,587 to GH¢2,650.
COCOBOD says the new producer price represents 71.18% of the realised gross Free On Board (FOB) value of cocoa.
The announcement followed consultations involving key stakeholders in the cocoa industry, including the Ministry of Finance, cocoa farmers, licensed buying companies, hauliers and processors.
How the New Cocoa Producer Price Compares
- Previous producer price: GH¢41,392 per tonne
- New producer price: GH¢42,400 per tonne
- Increase per tonne: GH¢1,008
- Previous 64kg bag price: GH¢2,587
- New 64kg bag price: GH¢2,650
- Increase per 64kg bag: GH¢63
The increase is equivalent to about 2.4% compared with the previous producer price.
Cocoa Season Financing: New Season Opens Amid Funding Plans
The announcement comes at a time when Ghana is also restructuring how cocoa purchases are financed.
COCOBOD’s wholly owned subsidiary, Cocoa Capital PLC, has announced plans to raise up to GH¢16.3 billion through a Domestic Cocoa Notes Programme.
According to COCOBOD, GH¢14 billion of the programme will be raised through commercial paper to finance short-term cocoa purchases for the 2026/27 season.
The remaining GH¢2.3 billion will be raised through medium- to long-term bonds to refinance existing COCOBOD legacy debt.
The financing programme is expected to support timely payments and cocoa purchases while addressing existing financial obligations within the sector.
What the Cocoa Price Means for Farmers
The new producer price means farmers will receive an additional GH¢63 for every standard 64kg bag sold under the new season’s pricing arrangement.
The actual benefit to individual farmers will, however, depend on the quantity and quality of cocoa they produce and sell.
Cocoa remains one of Ghana’s major agricultural commodities and an important source of export earnings.
The sector also supports a wide network of farmers, licensed buying companies, transport operators, processors and other businesses connected to the cocoa value chain.
Cocoa Farmers Enter New Season
With the 2026/27 season now underway, attention is expected to shift to cocoa purchases, farmer payments, production levels and the implementation of the sector’s new financing arrangements.
COCOBOD has also highlighted the need to strengthen the cocoa sector and improve its long-term sustainability.
The new producer price and GH¢16.3 billion financing programme therefore form part of a broader set of developments shaping Ghana’s cocoa industry for the new season.
Key Details at a Glance
- Ghana’s 2026/27 cocoa season has opened.
- Cocoa producer price is now GH¢42,400 per tonne.
- A 64kg bag is priced at GH¢2,650.
- Farmers receive GH¢63 more per standard bag than under the previous price.
- COCOBOD says the price represents 71.18% of realised gross FOB value.
- Cocoa Capital PLC plans to raise up to GH¢16.3 billion for cocoa financing.
Frequently Asked Questions
How much is a bag of cocoa in Ghana in 2026?
The new producer price for a 64kg bag of cocoa is GH¢2,650 for the 2026/27 cocoa season.
What is Ghana’s new cocoa producer price?
Ghana’s cocoa producer price for the 2026/27 season is GH¢42,400 per tonne.
Why has Ghana increased the cocoa producer price?
The new price was announced following consultations among key stakeholders in the cocoa sector and reflects the pricing framework based on realised gross FOB value.
Ghana’s cocoa sector now enters the 2026/27 season with a higher producer price and a new financing programme designed to support cocoa purchases and address existing sector obligations.
