The Ghana Cocoa Board (COCOBOD) has dismissed claims that Ghanaian cocoa farmers are being shortchanged, stating that assertions of Côte d’Ivoire paying higher farmgate prices are entirely false.
According to COCOBOD’s August 20, 2025, statement, Ghana currently offers the highest farmgate prices in West Africa, backed by data.
In the release, COCOBOD stated that the official producer price in Ghana stands at GH₵3,228.75 per 64kg bag, equivalent to GH₵51,660 per tonne or US$5,040 per metric tonne (MT). This compares with GH₵2,553.38 per 64kg bag in Côte d’Ivoire, or GH₵40,854 per tonne (US$3,886/MT).
The data, compiled in August 2025 by the Commodity Analysis Team, reveals a significant price advantage for Ghanaian farmers: Ghanaian farmers are receiving GH₵675.38 more per bag (US$64.16) and GH₵10,806 more per tonne (US$1,154)
“This is not a matter of interpretation — it is a matter of fact,” the statement read. “On every key metric, Ghanaian farmers are earning more.”
Key comparisons:
Per Kilogramme: Ghana – ₵51.65 (US$5.04) | Côte d’Ivoire – ₵40.85 (US$3.89)
Per 64kg Bag: Ghana – US$315 | Côte d’Ivoire – US$227
Per Tonne: Ghana – US$5,040 | Côte d’Ivoire – US$3,886
The statement further clarified that any form of information suggesting parity or inferiority in Ghana’s cocoa pricing are “factually inaccurate and misleading.”
According to COCOBOD, the competitive pricing strategy is part of a broader commitment to protecting farmers from the impacts of currency fluctuations and discouraging smuggling — a persistent issue in border communities.
“This pricing policy reflects COCOBOD’s unwavering commitment to ensuring fair and rewarding returns for farmers’ hard work,” the statement added.
The Board added that by maintaining attractive and sustainable prices, it is reinforcing Ghana’s leadership in the global cocoa industry while improving the livelihoods of cocoa-growing communities.
“Ghana’s cocoa remains the global benchmark for quality, and now, backed by the highest farmgate price in West Africa, it also guarantees better livelihoods for our farmers,” the statement concluded.
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