In a press release issued on Wednesday, August 20, COCOBOD said market data and independent analysis confirm that Ghanaian farmers are significantly better off. Ghana’s producer price stands at ?3,228.75 per 64kg bag, equivalent to ?51,660 per tonne or US$5,040 per metric tonne. In Côte d’Ivoire, the price is ?2,553.38 per bag, or ?40,854 per tonne (US$3,886/MT).

According to the August 2025 Commodity Analysis Team report, this translates to an advantage of ?675.38 (US$64.16) more per bag and ?10,806 (US$1,154) more per tonne in favour of Ghanaian farmers.

The Board broke down the comparison further, noting that per kilogramme Ghanaian farmers earn ?51.65 (US$5.04) against Côte d’Ivoire’s ?40.85 (US$3.89). Per 64kg bag, the return is US$315 for Ghana compared to US$227 in Côte d’Ivoire. On a tonne basis, Ghanaian cocoa commands US$5,040 compared to US$3,886 across the border.

COCOBOD stressed that claims of parity or disadvantage are “factually inaccurate and misleading,” insisting that Ghana’s pricing strategy ensures fair and rewarding returns for farmers, shields them from currency volatility, and reduces the incentive for smuggling.

It added that Ghana’s position in the global cocoa industry continues to be reinforced not only through sustainable prices but also by the premium quality of its produce.

“Ghana’s cocoa remains the global benchmark for quality, and now, backed by the highest farmgate price in West Africa, it also guarantees better livelihoods for our farmers,” COCOBOD concluded.