The Ghana Cocoa Coffee and Sheanut Farmers Association (COCOSHE), a farmer-based organisation, has lauded government for increasing the producer price of cocoa for the 2020/2021 crop season.
The producer price of a bag of 64kg of cocoa has been increased from GH¢ 515 to GH¢660, which translates into GH¢10, 560 per ton.
President of the association, Alhaji Alhassan Bukari, noted that: “The 28.2percent upward adjustment in the price this year cannot be under-estimated as it demonstrates government’s strong commitment towards improving the livelihoods of cocoa farmers in the country.
Cocoa farmers in the country have, indeed, heaved a sigh of relief as government has finally rolled out the much-talked-about Living Income Differential pricing mechanism in the determination of the producer price for the 2020/2021 cocoa season.”
He further stated that the association is pleased with on-going productivity enhancement programmes that government and the cocoa sector regulator—COCOBOD—are implementing to support farmers increase yield.
“The hand pollination, mass pruning, irrigation projects, cocoa rehabilitation programme, free seedlings and other corporate social responsibility such as the cocoa roads project have enormously supported farmers to give off their best. We are not only excited st the astronomical increase in the price this year but also appreciative of government’s recognition of the toils, passion and efforts of our gallant farmers who produce Ghana’s golden pod,” he added.