By: Franklin ASARE-DONKOH
Management of the Ghana Cocoa Board (COCOBOD) has dismissed reports suggesting that cocoa farmers in Côte d’Ivoire are receiving higher farmgate prices than their counterparts in Ghana.
COCOBOD, in a statement issued on August 20, 2025, stressed that Ghana’s farmgate price remains the most competitive in the sub-region, underscoring the country’s commitment to providing fair returns to farmers, protecting them from volatile currency movements, and discouraging smuggling across the borders.
According to COCOBOD, data from an August 2025 Commodity Analysis Team report shows that Ghana’s official producer price currently stands at ₵3,228.75 per 64kg bag, equivalent to ₵51,660 per tonne (US$5,040/MT).
In comparison, Côte d’Ivoire’s producer price is ₵2,553.38 per 64kg bag, or ₵40,854 per tonne (US$3,886/MT).
This represents a price advantage of ₵675.38 per bag (US$64.16) and ₵10,806 per tonne (US$1,154) in favour of Ghanaian farmers.
On a per-kilo basis, farmers in Ghana earn ₵51.65 (US$5.04), compared to ₵40.85 (US$3.89) in Côte d’Ivoire. For every 64kg bag, Ghanaian farmers take home about US$315, while Ivorian farmers receive US$227.
According to the statement, the current pricing demonstrates Ghana’s leadership in the global cocoa sector, adding that any claims that Ivorian farmers are better off are “factually inaccurate and misleading.”
