The government has maintained the producer price of cocoa for the 2018/2019 cocoa season at GH¢7,600 per tonne, translating into GH¢475 per bag of 64 kilogramme (kg) gross weight. The price takes effect from today, with the new season expected to commence on Friday. This was announced by the Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, at the 2018 Cocoa Day Grand Durbar in Accra. He said the decline in the price of the commodity on the international market, which had forced all the other 21 producing countries to slash their producer prices, made it impossible for the government to review the producer price upwards.
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