Government has pegged the producer price for cocoa at GH\u00a2800 per bag of 64kg.<\/p>\n\n\n\n
The new price takes effect from Friday, October 7, 2022, for the 2022-2023 crop season.<\/p>\n\n\n\n
This depicts a 21 percent increase from GH\u00a210,560 per tonne to GH\u00a212,800 per tonne.<\/p>\n\n\n\n
Minister for Food and Agriculture, Dr. Owusu Afriyie Akoto made the announcement at a press briefing in Accra today, Wednesday, October 5, 2022.<\/p>\n\n\n\n
That was a historic 28% hike that followed the $400 Living Income Differential on every tonne of cocoa.<\/p>\n\n\n\n
To ensure a decent standard of living for Ghanaian cocoa farmers after retirement, government will from November 2022 move from the pilot phase to the implementation phase of the Cocoa Farmer\u2019s pension scheme.<\/p>\n\n\n\n
The Producer Price Review Committee has also approved the rates and fees for all other stakeholders in the supply chain.<\/p>\n\n\n\n
These include the Buyers\u2019 margin, Hauliers\u2019 rate, warehousing and internal marketing costs, as well as, fees for disinfestation, grading and sealing and scale inspection.<\/p>\n\n\n\n
In the meantime, government says it will continue to support cocoa farmers through the pests and diseases control programme (Mass Spraying) and rehabilitation of diseased cocoa farms.<\/p>\n\n\n\n
Additionally, it will also assist cocoa farmers by making the requisite inputs such as fertilizers available for farmers to buy to increase farm productivity.<\/p>\n\n\n\n
\u201cGovernment is committed to continuing to supply certified planting materials that are drought tolerant, early bearing and high-yielding\u201d, Dr. Owusu Afriyie Akoto assured.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Government has pegged the producer price for cocoa at GH\u00a2800 per bag of 64kg. The new price takes effect from Friday, October 7, 2022, for the 2022-2023 crop season. This depicts a 21 percent increase from GH\u00a210,560 per tonne to GH\u00a212,800 per tonne. Minister for Food and Agriculture, Dr. Owusu Afriyie Akoto made the announcement […]<\/p>\n","protected":false},"author":8,"featured_media":26300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_post_source_name":"","_post_source_url":"","footnotes":""},"categories":[61],"tags":[4553,9302,147,7893,946,7971,6462,12565,12774,6496,4521,2264,12773,1778,6558,7803,12103,10214,8443,3954],"class_list":["post-26299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-accra","tag-afriyie-akoto","tag-agriculture","tag-chain","tag-cocoa","tag-cocoa-farmers","tag-drought","tag-farmers","tag-fees","tag-food","tag-ghanaian","tag-government","tag-increase","tag-owusu-afriyie-akoto","tag-pension","tag-pilot","tag-price","tag-rates","tag-retirement","tag-will"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/26299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/comments?post=26299"}],"version-history":[{"count":0,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/26299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media\/26300"}],"wp:attachment":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media?parent=26299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/categories?post=26299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/tags?post=26299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}