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At the National Farmers’ Day awards in Accra on November 8, President Nana Addo Dankwa Akufo-Addo announced a marginal increase in the producer price of cocoa for the 2024/2025 crop season.
The price per 64kg bag will rise from GH₵3,000 to GH₵3,100, equating to an increase from GH₵48,000 to GH₵49,600 per tonne. The adjustment, a 0.03% hike, reflects the recommendations of the producer price review committee, which aims to better align cocoa prices with current market trends. The president reiterated his commitment to ensuring farmers’ incomes keep pace with economic challenges through periodic reviews.
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A highlight of the event was the recognition of Nana Owusu Achiaw Brempong, a 70-year-old farmer from the Sekyere Central district in the Ashanti Region, who was named the National Best Farmer. With a farming career spanning 50 years, Nana Owusu owns North American Farms, where 168 workers manage an array of crops, including cocoa and cashew. He received a one million Ghana cedi cash prize as part of the award. In his speech, he emphasized the need for further efforts to secure food sustainability in Ghana.
The Farmers Day celebrations, held across the nation, celebrated the vital role of farmers in Ghana’s economy, with President Akufo-Addo and various dignitaries honoring the dedication and contributions of the agricultural community.
