COCOBOD keeps cocoa price unchanged in light crop season

COCOBOD has opened its cocoa light crop season purchases from farmers and has kept the price unchanged at 7,600 cedis ($1,5 86) per tonne, a report by Reuters Ghana has said.

Ghana runs a two-cycle cocoa season consisting of the main crop which is mainly exported and the light crop harvest, discounted for local grinders.

“The producer price to be paid at all buying centres is 228 cedis per load of 30 kilograms for Grade 1 and II cocoa beans naked ex-scale, or 475 cedis per bag of 64 kilograms gross. A tonne of 16 bags is 7,600 cedis,” Cocobod spokesman Noah Amenya said.

“We expect purchases to start in earnest with buyers delivering cocoa from Monday,” Amenya said. He declined comment on the target for the light crop, which usually lasts for 11 weeks.

Cumulatively, Ghana had projected to buy at least 850,000 tonnes of cocoa by the close of the crop year in September.

 

Source: citibusinessnews.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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