Tag Archives: cocoa price

WHY DID YOU ANNOUNCE THE COCOA PRICE WHEN THERE IS NO MONEY TO BUY, OUR CREDITORS ARE CHASING US OUT OF OUR OWN HOMES?

    By::Nana Kwaku Ofori Atta (CEO of AVCONTECH SECURITY MASTERS) COCOA FARMERS AND COCOA PURCHASING CLERKS CRY October 5, 2022, the government announced the 2022 cocoa producer price of Gh800 representing 21%. Since the announcement of this new price, the government has not released funds to the various cocoa …

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Government set to increase price of Cocoa this year

  The Chief Executive Officer(CEO) of Ghana Cocoa Board(Cocobod), Mr Joseph Boahene Aidoo has hinted of conclusive discussions with President Nana Akufo-Addo to increase the price of Cocoa in the coming months this year. Currently, the government buys one bag of Cocoa beans from farmers at 515.00 Ghana cedis. The …

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Coronavirus: No price drop projected for cocoa farmers – COCOBOD

The regulator for Ghana’s cocoa industry, COCOBOD says it does not foresee a drop in the producer price of beans for cocoa farmers in the wake of the novel Coronavirus pandemic. Meanwhile, for 2019, COCOBOD increased the producer price of the beans from GH¢7,640 to GH¢8,240 per tonne. But the …

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Cocoa farmers’ price to be increased to GHC8,000 per tonne

Ghana will raise cocoa farmgate prices by 5.2% for the 2019/20 season, the first increase in four years, following strong sales of export contracts to chocolate makers and cocoa houses, industry sources have told Reuters. The farmgate price will rise to GH¢8,000 (US$1,523.81) per tonne for the season starting in …

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