Some cocoa farmers in the country have called on the government to halt the indiscriminate sale of cocoa farms to small – scale miners. According to the farmers, the sale and destruction of cocoa farms must be stopped immediately by government, to prevent a significant drop in projected harvest for the 2016/2017 season and in … Read more
Ghana may miss its cocoa production target for the 2017/2018 crop season if the weather pattern forecast by the Ghana Meteorological Service is anything to go by. The service has predicted severe weather pattern that may cause downpour leading to flooding in the coastal zones but minimal levels in the middle belt. Already, the number … Read more
The Alliance for Development and industrialization, (ADI), an advocacy group and think tank comprising new generation entrepreneurs and business executives, has noted with great concern the decline in Ghana’s cocoa production over the past years. From a peak of one million tons achieved at the start of the decade, Ghana’s annual cocoa production has declined … Read more
Over 3,000 cocoa farmers in the Asunafo South District of the Brong Ahafo Region have threatened to blacklist licensed cocoa buying companies who are cheating them by adjusting their weighing scales. According to the cocoa farmers, the attitude of these purchasing clerks was affecting their work. Speaking at the launch of the Asunafo South Cocoa … Read more
Ghana Cocoa Board (COCOBOD) has awarded five distinguished farmers at the National Level during the 32nd National Farmer’s Day celebration held at Kintampo in the Brong Ahafo Region, in recognition of their contributions to the development of the cocoa, coffee and shea business in particular and the country’s economy as a whole. This is in … Read more
The Ghana Cocoa Board (COCOBOD) says it has released funds to qualified Licensed Buying Companies (LBC) to purchase cocoa for the 2016/2017 cocoa season. A statement by COCOBOD, and copied to the Ghana News Agency said the seed funds were released to the LBCs for cocoa purchases on revolving basis. This means that the LBCs … Read more
Imagine how food and cash crops were produced in the 1900s. Peasant farming held sway at the time across the country. Documents concerning the evolution of farming over the years show steady increase in volume of cash and food crops. Food crop production was carried out in the Southern part of the country and the … Read more
COCOBOD has rejected claims of not releasing sufficient funds to purchase cocoa for the 2016/2017 crop season. It follows reports that some License Buying Companies have been starved of sufficient funds making it difficult to purchase cocoa beans. COCOBOD last month secured a syndicated loan of $1.8 billion for cocoa purchases for the 2016/2017 crop … Read more
President John Mahama has advised cocoa farmers in the country to cut down their old cocoa trees and go for free seedlings for replanting. The president explained the old plants do not give the farmers enough yields which in turn affect production of cocoa in Ghana. President Mahama believes government’s investments in the cocoa sector … Read more
Although Ghana’s cocoa production fell short of industry forecasts for the 2015/16 growing season, increased investment in seed development programmes and infrastructure upgrades should improve output over the coming years. “Crop production for the 2015/16 growing season, which spans October to September, reached 690,000 tonnes, although this fell short of the 850,000-tonne projection made by … Read more
Some cocoa farmers at Suaman Dadieso in the Western Region have expressed concern about the alleged inability of Licensed Buying Companies (LBC’s) to purchase their crops resulting in pilling up of the product in their sheds. LBCs are limited liability companies which are issued with dealers licenses by Cocoa Board to purchase and evacuate cocoa … Read more
The Ghana Cocoa Board (COCOBOD) has reviewed, upwards, the producer price of cocoa, from GH¢6,720 per tonne, to GH¢7,520 for the 2016/2017 season. A statement issued in Accra, and copied to the Ghana News Agency, said the Board has hence announced new cocoa prices for the cocoa season pegging it at GH¢470 per bag of … Read more
The Ghana Cocoa Board (COCOBOD) has reviewed upwards, the producer price of cocoa from GH?6,720.00 per tonne to GH?7,520 per tonne for the 2016/2017 season. A statement issued in Accra and copied to the Ghana News Agency said the Board has hence announced new cocoa prices for the cocoa season pegging it at GH?470 per … Read more
Presidential nominee for the Convention People’s Party, Ivor Greenstreet, says the new cocoa producer price announced by the government is inadequate, and falls short of the investment of the cocoa farmers in the country. “The CPP is of the view that the producer price which has just been fixed at a paltry GHC 475 per … Read more
Cocobod has encouraged the youth to venture into cocoa growing to sustain the industry which has over the years kept the national economy going. Dr. Stephen Kwabena Opuni, the Chief Executive Officer (CEO), said it was rewarding and rallied the young people to increasingly take to that. He was speaking at this year’s International Cocoa … Read more
Cocobod has announced that the 11.76% increase in the producer price of cocoa for the 2016/2016 crop season is to motivate farmers and also curb the smuggling of the commodity to neighbouring La Cote D’Ivoire. “The new prices are meant to motivate the farmers. Most of the farmers were waiting for the new prices to … Read more
Some cocoa farmers in the Ashanti Region have expressed disappointment in government over what they describe as a ‘paltry’ increase in producer price of cocoa. The Deputy Minister of Finance, Ato Forson Cassiel, announced an 11.76 percentage increase in the producer price for the 2016/2017 farming season, at the national celebration of the International Cocoa … Read more
Government has announced an increment in cocoa price per bag from Gh¢425 to Gh¢475 effective October 1, 2016. A deputy Finance Minister, Cassiel Ato Forson, announced the 2016/17 cocoa price at the 2016 Cocoa Day celebrations at Tepa in the Ahafo Ano North District of the Ashanti region. The event was under the theme: “Transforming … Read more
Government has increased the producer price of cocoa from 6,800 cedis per tonne to 7,600 cedis per tonne for the 2016/17 cocoa season. This means every 64kg bag of cocoa beans will attract 475 cedis representing 77.45 percent increment. Deputy Minister of Finance and Economic Planning Cassiel Ato Forson who announced this at this year’s Cocoa … Read more
Government has reviewed upwards the producer price for cocoa at a ceremony to commemorate this year’s national cocoa day in Tepa in the Ashanti Region. The new price will go for GHS 475.00 per bag, 50 cedis higher than what it was previously sold for. This was announced Saturday, by the Deputy Minister of Finance … Read more