Close Menu

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    What's Hot

    World Series winner and MLB great Garret Anderson dead at 53 after medical emergency at California home

    Lady screams in excitement after witnessing a surprise proposal at a restaurant (Watch)

    Daniel Kinahan is ARRESTED in Dubai: ‘Cartel leader’ faces extradition back to Ireland over ‘serious organised crime offences’

    Facebook X (Twitter) Instagram
    • Lifestyle
    • Africa News
    • International
    Facebook X (Twitter) Instagram YouTube WhatsApp
    PapaLincPapaLinc
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports
    Subscribe
    PapaLincPapaLinc
    You are at:Home»Politics»GCCP Slams Government’s 2025/26 Cocoa Price as Misleading, Calls for 70 percent of World Market Rate
    Politics

    GCCP Slams Government’s 2025/26 Cocoa Price as Misleading, Calls for 70 percent of World Market Rate

    Papa LincBy Papa LincAugust 11, 2025No Comments3 Mins Read2 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    GCCP Slams Government’s 2025/26 Cocoa Price as Misleading, Calls for 70 percent of World Market Rate
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    The Ghana Civil-Society Cocoa Platform (GCCP) has criticised the government’s newly announced cocoa producer price for the 2025/2026 crop season, describing it as misleading and inadequate in addressing the worsening economic conditions confronting cocoa farmers.

    According to the group, the reported 62 percent increase in the farm gate price from USD $3,100 to USD $5,040 per metric tonne does not reflect the real benefit to farmers. In local currency terms, they argue, the actual increase is only about 4.1 percent.

    Speaking at a press conference in Accra on Tuesday, President of the GCCP, Issaka Issifu, explained that although the dollar figures may appear significant, the price per 64-kilogram bag has risen only marginally from GH¢3,100 to GH¢3,228.75.

    He described the increase as inadequate, especially in light of the economic hardships cocoa farmers are facing such as rising costs of inputs, labour, and basic living expenses and noted that President John Dramani Mahama had publicly pledged that farmers would receive 70 percent of the world market price.

    The GCCP believes this created the expectation that the farm gate price would be calculated directly from the gross global price of cocoa, not after deducting processing and export costs.

    However, Mr Issifu stated that the recent announcement by the Minister for Finance was based on the Free on Board (FOB) price a lower benchmark which reflects the value of cocoa after deductions such as transport, port handling, and quality control have been made. The group said this contradicts the earlier political commitment and has generated confusion among farmers.

    Citing its own technical calculations, he revealed that with the world market price averaging about $8,298 per metric tonne, 70 percent of that would amount to roughly GH¢58,835 per tonne. When converted and divided by 16 bags per tonne (64kg per bag), this would translate to approximately GH¢3,677 per bag.

    Given that expectation, the Platform is calling on government to honour its original commitment to pay 70 percent of the world market price without deductions, which would amount to at least GH¢3,600 per bag. They are also urging mid-season price reviews to reflect market fluctuations, stronger support for local Licensed Buying Companies (LBCs), and long-term investments in infrastructure, climate resilience, and farmer education.

    Mr Issifu also raised concerns about persistent structural challenges affecting the cocoa sector, such as limited access to agricultural inputs, weak extension services, climate vulnerabilities, and poor infrastructure in cocoa-growing communities. They warned that low pricing is fueling the smuggling of cocoa beans to neighbouring countries where farmers are paid significantly higher rates.

    While acknowledging government’s reintroduction of input support programmes, he cautioned against political interference in their implementation, citing past experiences of favouritism and partisan distribution. he also welcomed the upcoming Ghana Cocoa Traceability System aimed at ensuring compliance with the European Union’s deforestation regulations, but said many farmers remain uninformed and unprepared for its rollout.

    The GCCP reaffirmed its commitment to advocating for cocoa farmers’ welfare and said it is prepared to work with government and other stakeholders to build a fairer and more sustainable cocoa industry in Ghana.

    BY STEPHANIE BIRIKORANG



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleFootballer dies in Kyebi-Asiakwa after colliding with a teammate
    Next Article Vigilante Tube passengers face arrest over ‘assault’ of naked man on the Tube after they took law into their hands when he dropped his trousers on packed carriage
    Papa Linc

    Related Posts

    NPRA rebuts Assafuah’s claims, insists on transparency in pension management

    April 17, 2026

    DVLA impounds 40 vehicles over fake DP stickers at Tema Harbour

    April 17, 2026

    MoGCSP joins Global Community to observe International Day for Street Children

    April 17, 2026
    Ads
    Top Posts

    Secret code break that ‘solved’ the Zodiac killer case: Expert who unmasked single suspect behind two of America’s darkest murders tells all on bombshell investigation

    December 24, 2025134 Views

    Tech entrepreneur uses ChatGPT to create a personalised cancer vaccine for his DOG – and the breakthrough could soon help humans too

    March 14, 2026106 Views

    Newsreader Sandy Gall personally lobbied Margaret Thatcher’s government to back the Mujahideen

    July 4, 202592 Views

    Night Of The Samurai Grand Arrivals Gallery » December 23, 2025

    December 24, 202561 Views
    Don't Miss
    Sports April 17, 2026

    World Series winner and MLB great Garret Anderson dead at 53 after medical emergency at California home

    By JACK BEZANTS, US DEPUTY SPORTS EDITOR Published: 12:08 EDT, 17 April 2026 | Updated:…

    Lady screams in excitement after witnessing a surprise proposal at a restaurant (Watch)

    Daniel Kinahan is ARRESTED in Dubai: ‘Cartel leader’ faces extradition back to Ireland over ‘serious organised crime offences’

    NPRA rebuts Assafuah’s claims, insists on transparency in pension management

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • WhatsApp

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    Ads
    About Us
    About Us

    Your authentic source for news and entertainment.
    We're accepting new partnerships right now.

    Email Us: info@papalinc.com
    For Ads on our website and social handles.
    Email Us: ads@papalinc.com
    Contact: +1-718-924-6727

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    World Series winner and MLB great Garret Anderson dead at 53 after medical emergency at California home

    Lady screams in excitement after witnessing a surprise proposal at a restaurant (Watch)

    Daniel Kinahan is ARRESTED in Dubai: ‘Cartel leader’ faces extradition back to Ireland over ‘serious organised crime offences’

    Most Popular

    Augustina Ama Tabuah donates t-shirts to John Mahama, Kofi Arko Nokoe

    October 20, 20240 Views

    Bill Asamoah, Ship Dealer, others light up 13th 3G Awards in New York

    October 21, 20240 Views

    Ghanaians’ taxes are not linked to my private parts – MC Yeboah tackles promiscuity claims

    October 21, 20240 Views
    © 2026 PapaLinc. Designed by LiveTechOn LLC.
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.