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HomeNewsAfricaGhana’s new cocoa price leaves production targets in jeopardy, farmers say

Ghana’s new cocoa price leaves production targets in jeopardy, farmers say

Cocoa farmers in Ghana will receive GH¢12,800 ($1,280) per ton, or GH¢800 per 64kg bag for the 2022/2023 production season which begins October 7. That compares with a price of about GH¢858 per bag in Côte d’Ivoire and demands in Ghana for GH¢1,500. The two countries together account for about two-thirds of global cocoa production.

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