Ghana: Farmgate Price of Cocoa Set at $3.65 per Kilogram

Ghana set its cocoa producer price at 42,400 cedis per ton, approximately $3.65 per kilogram, for the 2026/27 season. Côte d'Ivoire maintained its minimum guaranteed farmgate price at 1,200 CFA francs per kilogram, about $2.07, resulting in a significant gap. This difference, influenced by the depreciation of the cedi and differing economic policies, may impact production volumes, quality, and the attractiveness of the Ivorian cocoa sector, potentially leading some farmers to illegal gold mining. Ghana's decision aims to pass on global price increases, while Ivory Coast adopts a cautious budget approach amid strained public finances.