Why Ghana’s cocoa has suddenly become expensive

On 3rd October 2025, the government increased the cocoa producer price to GH¢3,625 per 64 kg bag (GH¢58,000 per tonne). This sounded disappointing for farmers but good for government to manage its recklessly promised GhC6,000 per bag but here’s the catch. The Ghana cedi has strengthened from around GH¢15/USD (2024/25) to about GH¢11/USD. Since cocoa is […]