Ghana Raises Cocoa Producer Price by 58% for 2023/24 Season to Boost Farmer Incomes
- Cocoa producer price in Ghana increased by 58.26% to GH¢33,120 per tonne for 2023/24 season
- Increase aims to enhance income of cocoa farmers
- Comes amidst rising cocoa prices on international markets
- Marks 336% increase in producer price since 2016/17 season
- Government also approved increased buyers' margin to cushion impact of higher prices
