16 h. ago Cocoa Prices Whipsaw as Ivory Coast Slashes Exports, Demand Cools

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/cocoa-prices-whipsaw-as-ivory-coast-slashes-exports-demand-cools/Côte d’Ivoire’s shock decision to cut 2025/26 cocoa export contracts by 100,000 MT sent markets reeling this week, amplifying volatility in an already fragile sector. Prices swung from $9,300 to $8,600 per metric ton—still 36% below 2024’s peak but 50% higher year-on-year. The move by the world’s top producer reflects worsening crop health amid drought […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/cocoa-prices-whipsaw-as-ivory-coast-slashes-exports-demand-cools/

Politics

17 h. ago Cocoa Prices Swing Wildly as Weather Worries Offset Supply Hopes

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/cocoa-prices-swing-wildly-as-weather-worries-offset-supply-hopes/Cocoa futures tumbled to seven-month lows in mid-July 2025, only to rebound sharply by month’s end as weather fears clashed with forecasts of improved global supplies. London prices bottomed at $6,443 per tonne while New York hit $7,315, pressured by expectations of rising Latin American harvests and weakening demand. Yet within weeks, both markets surged […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/cocoa-prices-swing-wildly-as-weather-worries-offset-supply-hopes/

Politics

17 h. ago Ghana’s Growth Masks Job Crisis as Economy Relies on Spending, Not Factories

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-growth-masks-job-crisis-as-economy-relies-on-spending-not-factories/Ghana’s economy shows steady growth, but a heavy dependence on consumer spending fueled by oil revenues is failing to create quality jobs, a new World Bank report reveals. The 9th Ghana Economic Update warns this consumption-led model is stifling the structural transformation needed for broad-based prosperity. Oil windfalls and favorable global prices for cocoa, gold, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-growth-masks-job-crisis-as-economy-relies-on-spending-not-factories/

Events

18 h. ago World Bank Warns Mounting Debt Threatens Ghana’s Cocoa Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-warns-mounting-debt-threatens-ghanas-cocoa-sector/The World Bank has raised urgent concerns over the Ghana Cocoa Board’s (COCOBOD) financial stability, warning that rising debt and operational inefficiencies could destabilize the country’s vital cocoa industry. Despite soaring global cocoa prices, Ghana’s production remains low, with COCOBOD struggling under significant arrears to suppliers and costly “quasi-fiscal operations” outside its core mandate. In […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/world-bank-warns-mounting-debt-threatens-ghanas-cocoa-sector/

Events

34 h. ago World Bank warns COCOBOD’s mounting debts threaten Ghana’s cocoa sector

The World Bank’s latest Ghana Economic Update has raised concerns over the financial stability of the Ghana Cocoa Board (COCOBOD), warning that persistent operational and fiscal challenges could undermine one of the country’s most vital export industries. According to the report, despite record-high global cocoa prices, Ghana’s cocoa production remains weak, while COCOBOD owes significant […]

Events

3 d. ago Ghana Cocoa Farmers See Little Gain from Price Surge, IMANI Reveals

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/Record cocoa prices won’t automatically rescue Ghana’s struggling farmers, policy think tank IMANI Africa warns. Despite the government hiking producer prices, most smallholders still earn as little as GHC 5.90 daily per hectare barely enough to cover costs. The problem isn’t prices but productivity, IMANI stresses. With 70% of farmers tending plots under two hectares, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/

Politics

4 d. ago Ghana Cocoa Farmers Reject Government’s Price Increase as Broken Promise

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-reject-governments-price-increase-as-broken-promise/Cocoa farmers across Ghana are protesting what they call a betrayal by President John Mahama’s administration after it failed to deliver a promised sixfold price increase. Last week’s announcement of a GHS128.75 per bag hike bringing prices to GHS3,228.75 fell drastically short of the GHS6,000 pledge central to Mahama’s 2024 election campaign. The gap leaves […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-reject-governments-price-increase-as-broken-promise/

Politics

5 d. ago Cedi’s Rise Squeezes Cocoa Farmers Despite Global Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/Ghana’s currency appreciation is delivering mixed blessings for its vital cocoa sector. While the cedi’s 40% gain this year bolsters national economic stability, it has sharply limited local benefits from soaring global cocoa prices. Farmers recently learned their produce will fetch only 4% more in cedis this season, despite international prices jumping over 60% in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/

Politics

7 d. ago Keep politics out of cocoa: Farmers call for fair prices and devout hands at COCOBOD

Some cocoa farmers in the Assin Fosu District of the Central Region are urging the government and stakeholders to keep politics out of the cocoa sector.

Politics

9 d. ago Federated Commodities Profit Soars 720% on Cocoa Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-profit-soars-720-on-cocoa-price-surge/Ghanaian agribusiness Federated Commodities PLC reported a sevenfold increase in net profit for the first nine months of 2025, driven by soaring cocoa prices and strategic debt reduction. Unaudited financials show net earnings jumped to GH¢47.1 million from GH¢5.7 million year-on-year, as turnover tripled to GH¢3.35 billion despite rising operational costs. The company slashed its […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-profit-soars-720-on-cocoa-price-surge/

Economics

9 d. ago Fixing the Farmgate to Protect Cocoa’s Future: Farmers deserve fairer price

In recent days, multiple media outlets have reported that, the Producer Price Review Committee (PPRC) has concluded its deliberations on the farmgate price for cocoa for the forthcoming 2025/2026 crop season.

Politics

1 week ago New Cocoa Price: I’m not surprised because of the exchange rate – Nana Bonsu

President of the Concerned Farmers Association, Nana Obadie Boateng Bonsu, has voiced sharp criticism over the government’s newly announced cocoa producer price for the 2025/26 season, pointing to poor communication and the falling exchange rate as key reasons for farmers’ dissatisfaction.

Politics

1 week ago Gov’t to cover some cocoa farmers’ expenses despite income gains, says Keta MP Kwame Gakpey

Government will bear some key expenses of cocoa farmers despite a significant rise in the producer price of cocoa, Keta MP Kwame Gakpey has said.

Politics

1 week ago Many farmer are dissatisfied with new producer price; we expected more than GH¢3,228.75 – Cocoa farmer

A cocoa farmer says cocoa producers across the country are unhappy with the new price announced by government for the 2025/26 season.

Politics

1 week ago Many farmers are dissatisfied with new producer price; we expected more than GH¢3,228.75 – Cocoa farmer

A cocoa farmer says cocoa producers across the country are unhappy with the new price announced by government for the 2025/26 season.

Politics

1 week ago Minority slams government over ‘unfulfilled’ cocoa price promise

Ranking Member on Parliament’s Agriculture Committee, Dr Isaac Opoku, has criticised the government for failing to honour its 2024 campaign promise of paying GH₵6,000 per bag of cocoa beans to farmers.

Politics

1 week ago Ghana Raises Cocoa Producer Price by 62.6% Ahead of New Season

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-raises-cocoa-producer-price-by-62-6-ahead-of-new-season/Ghana’s government has announced a significant increase in cocoa producer prices to GH¢3,228.75 per 64kg bag (GH¢51,660 per tonne) for the 2025/2026 season, marking a 62.6% rise from the previous rate. Finance Minister Dr. Cassiel Ato Forson confirmed the adjustment effective August 7, 2025aligns with President John Mahama’s pledge to return 70% of export value […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-raises-cocoa-producer-price-by-62-6-ahead-of-new-season/

Politics

1 week ago Cedi Strength Caps Cocoa Farmer Gains Despite 63% Global Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-strength-caps-cocoa-farmer-gains-despite-63-global-price-surge/Ghana’s cocoa farmers will receive only a 4.2% increase in local currency earnings for the new season despite a 62.6% dollar-denominated price jump to $5,040 per tonne, as the cedi’s appreciation blunts the global windfall. The revised rate of GH¢3,228.75 per 64kg bag effective August 7 contrasts sharply with farmer expectations, as a stronger cedi […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-strength-caps-cocoa-farmer-gains-despite-63-global-price-surge/

Politics

1 week ago Ghana Raises Cocoa Price to $5,040 Per Tonne in Policy Shift

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-raises-cocoa-price-to-5040-per-tonne-in-policy-shift/Ghana has increased cocoa producer prices to $5,040 per tonne for the 2025/2026 season, up from $3,100, effective August 7. The adjustment announced by Finance Minister Dr. Cassiel Ato Forson translates to GH¢3,228.75 per 64kg bag, a GH¢128.75 rise. Forson stated the move fulfills President John Mahama’s pledge to allocate 70% of Free-On-Board (FOB) value […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-raises-cocoa-price-to-5040-per-tonne-in-policy-shift/

Economics

1 week ago Government increases producer price of cocoa to $5,040 per tonne effective August 7

The Government has approved a significant increase in the producer price of cocoa, raising it from US$3,100 to US$5,040 per tonne for the upcoming 2025/2026 season.

Politics