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    Dr. zanetor’s Monthly Agribusiness Skills and Jobs for the Youth Roadshow Bounces Back for its Third Edition

    Dr. zanetor’s Monthly Agribusiness Skills and Jobs for the Youth Roadshow Bounces Back for its Third Edition

    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

    Register Now as an Exhibitor or Trainee for the Fifth Livestock, Poultry, and Fisheries Tradeshow

    Register Now as an Exhibitor or Trainee for the Fifth Livestock, Poultry, and Fisheries Tradeshow

    Celebrating 13 Years of Connecting Farmers, Input Dealers and Processors to Market- Pre-Harvest the Path Way

    13th Annual Pre-Harvest Agribusiness Exhibition and Conference Launched

    Modernizing & Improving Market access for women in Agribusiness

    Agriwoman Marketplace Returns Energetically after a short break, expecting to draw about 50 Women in Farming, Marketing and related Agribusiness Value chain Activities for its 13th Edition

    Fifth Monthly Executive Beginner Agribusiness Masterclass to Focus on Yogurt Making and Dried Fruit Production

    Fifth Monthly Executive Beginner Agribusiness Masterclass to Focus on Yogurt Making and Dried Fruit Production

    NRCC Pledges Collaboration with Agrihouse Foundation to Develop Its 10 Acre Bamvim Land into A Model Agricultural Site 

    NRCC Pledges Collaboration with Agrihouse Foundation to Develop Its 10 Acre Bamvim Land into A Model Agricultural Site 

    Fiifi Kwetey to represent fmr President Mahama at the Nebraska-Ghana Trade and Investment forum

    Fiifi Kwetey to represent fmr President Mahama at the Nebraska-Ghana Trade and Investment forum

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    Dr. zanetor’s Monthly Agribusiness Skills and Jobs for the Youth Roadshow Bounces Back for its Third Edition

    Dr. zanetor’s Monthly Agribusiness Skills and Jobs for the Youth Roadshow Bounces Back for its Third Edition

    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

    Register Now as an Exhibitor or Trainee for the Fifth Livestock, Poultry, and Fisheries Tradeshow

    Register Now as an Exhibitor or Trainee for the Fifth Livestock, Poultry, and Fisheries Tradeshow

    Celebrating 13 Years of Connecting Farmers, Input Dealers and Processors to Market- Pre-Harvest the Path Way

    13th Annual Pre-Harvest Agribusiness Exhibition and Conference Launched

    Modernizing & Improving Market access for women in Agribusiness

    Agriwoman Marketplace Returns Energetically after a short break, expecting to draw about 50 Women in Farming, Marketing and related Agribusiness Value chain Activities for its 13th Edition

    Fifth Monthly Executive Beginner Agribusiness Masterclass to Focus on Yogurt Making and Dried Fruit Production

    Fifth Monthly Executive Beginner Agribusiness Masterclass to Focus on Yogurt Making and Dried Fruit Production

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    NRCC Pledges Collaboration with Agrihouse Foundation to Develop Its 10 Acre Bamvim Land into A Model Agricultural Site 

    “Connecting the Unconnected” – 13th Annual Pre-Harvest Agribusiness exhibition and conference Slated for October 24-26

    “Connecting the Unconnected” – 13th Annual Pre-Harvest Agribusiness exhibition and conference Slated for October 24-26

    Agrihouse Foundation and GhaNeb LLC Partner, to Create Agribusiness Trade and Investment Opportunities for Ghanaian Agribusinesses in Nebraska

    Agrihouse Foundation and GhaNeb LLC Partner, to Create Agribusiness Trade and Investment Opportunities for Ghanaian Agribusinesses in Nebraska

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    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

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    African Swine Fever Outbreaks Boost China’s Pork Production to Record High

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    Massive Explosion at Texas Dairy Farm Claims Lives of 18,000 Cows

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    LIVESTOCK-CME live cattle hit record high as meatpackers scramble for supplies

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    Australia: Crop exports set for record high after heavy rains

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    Meet Participating Schools for the 6th AG-STUD Boot camp 2023

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    AG-STUD 2023 to host Motor King Manufacturer, Madam Nora Gao as mentor for the 5-day Bootcamp

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    UGBS With Funding From A.M.G Limited Commissions Innovation and Incubation Hub

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    OCP Africa Pledges Financial Support towards Agric Projects in O’Reilly and Accra Academy Senior High Schools

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    Hon. Dr. Zanetor Agyeman-Rawlings Donates 3 Laptops to Support Agric Students

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      “Connecting the Unconnected” – 13th Annual Pre-Harvest Agribusiness exhibition and conference Slated for October 24-26

      “Connecting the Unconnected” – 13th Annual Pre-Harvest Agribusiness exhibition and conference Slated for October 24-26

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      Unscrupulous Persons Diverting Cocoa Fertilizers and Agri-Inputs – COCOBOD

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      Digitalization Needs Agric & Agric Needs Appropriate and Innovative Digital Systems— Agrihouse Foundation Director

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    Dr. zanetor’s Monthly Agribusiness Skills and Jobs for the Youth Roadshow Bounces Back for its Third Edition

    Dr. zanetor’s Monthly Agribusiness Skills and Jobs for the Youth Roadshow Bounces Back for its Third Edition

    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

    Register Now as an Exhibitor or Trainee for the Fifth Livestock, Poultry, and Fisheries Tradeshow

    Register Now as an Exhibitor or Trainee for the Fifth Livestock, Poultry, and Fisheries Tradeshow

    Celebrating 13 Years of Connecting Farmers, Input Dealers and Processors to Market- Pre-Harvest the Path Way

    13th Annual Pre-Harvest Agribusiness Exhibition and Conference Launched

    Modernizing & Improving Market access for women in Agribusiness

    Agriwoman Marketplace Returns Energetically after a short break, expecting to draw about 50 Women in Farming, Marketing and related Agribusiness Value chain Activities for its 13th Edition

    Fifth Monthly Executive Beginner Agribusiness Masterclass to Focus on Yogurt Making and Dried Fruit Production

    Fifth Monthly Executive Beginner Agribusiness Masterclass to Focus on Yogurt Making and Dried Fruit Production

    NRCC Pledges Collaboration with Agrihouse Foundation to Develop Its 10 Acre Bamvim Land into A Model Agricultural Site 

    NRCC Pledges Collaboration with Agrihouse Foundation to Develop Its 10 Acre Bamvim Land into A Model Agricultural Site 

    Fiifi Kwetey to represent fmr President Mahama at the Nebraska-Ghana Trade and Investment forum

    Fiifi Kwetey to represent fmr President Mahama at the Nebraska-Ghana Trade and Investment forum

    Celebrating 13 Years of Connecting Farmers, Input Dealers and Processors to Market- Pre-Harvest the Path Way

    “All Roads Lead to Bamvim as Agrihouse Foundation Gears Up for the 13th Annual Pre-Harvest Agribusiness Exhibition Conference Launch”

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    Dr. zanetor’s Monthly Agribusiness Skills and Jobs for the Youth Roadshow Bounces Back for its Third Edition

    Dr. zanetor’s Monthly Agribusiness Skills and Jobs for the Youth Roadshow Bounces Back for its Third Edition

    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

    Register Now as an Exhibitor or Trainee for the Fifth Livestock, Poultry, and Fisheries Tradeshow

    Register Now as an Exhibitor or Trainee for the Fifth Livestock, Poultry, and Fisheries Tradeshow

    Celebrating 13 Years of Connecting Farmers, Input Dealers and Processors to Market- Pre-Harvest the Path Way

    13th Annual Pre-Harvest Agribusiness Exhibition and Conference Launched

    Modernizing & Improving Market access for women in Agribusiness

    Agriwoman Marketplace Returns Energetically after a short break, expecting to draw about 50 Women in Farming, Marketing and related Agribusiness Value chain Activities for its 13th Edition

    Fifth Monthly Executive Beginner Agribusiness Masterclass to Focus on Yogurt Making and Dried Fruit Production

    Fifth Monthly Executive Beginner Agribusiness Masterclass to Focus on Yogurt Making and Dried Fruit Production

    NRCC Pledges Collaboration with Agrihouse Foundation to Develop Its 10 Acre Bamvim Land into A Model Agricultural Site 

    NRCC Pledges Collaboration with Agrihouse Foundation to Develop Its 10 Acre Bamvim Land into A Model Agricultural Site 

    “Connecting the Unconnected” – 13th Annual Pre-Harvest Agribusiness exhibition and conference Slated for October 24-26

    “Connecting the Unconnected” – 13th Annual Pre-Harvest Agribusiness exhibition and conference Slated for October 24-26

    Agrihouse Foundation and GhaNeb LLC Partner, to Create Agribusiness Trade and Investment Opportunities for Ghanaian Agribusinesses in Nebraska

    Agrihouse Foundation and GhaNeb LLC Partner, to Create Agribusiness Trade and Investment Opportunities for Ghanaian Agribusinesses in Nebraska

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    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

    First Nebraska -Ghana Trade and Investment Program and Husker Harvest Days Ends Successfully

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    Brazil declares 180-day animal health emergency amid avian flu cases in wild birds

    LIVESTOCK-CME live cattle hit record high as meatpackers scramble for supplies

    Dutch Livestock Farmers to Receive Payment for Halting Operations

    African Swine Fever Outbreaks Boost China’s Pork Production to Record High

    African Swine Fever Outbreaks Boost China’s Pork Production to Record High

    Massive Explosion at Texas Dairy Farm Claims Lives of 18,000 Cows

    Massive Explosion at Texas Dairy Farm Claims Lives of 18,000 Cows

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    LIVESTOCK-CME live cattle hit record high as meatpackers scramble for supplies

    Seafarers cautioned to observe all vessel safety precautions – NAFAG

    Seafarers cautioned to observe all vessel safety precautions – NAFAG

    Australia: Crop exports set for record high after heavy rains

    Australia: Crop exports set for record high after heavy rains

    North Korea: Kim Jong Convenes Meeting to Strengthen Country’s Economy & Agri Sector Fearing Food Shortage

    North Korea: Kim Jong Convenes Meeting to Strengthen Country’s Economy & Agri Sector Fearing Food Shortage

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    Agri-Sports Meets Agribusiness: Meet Coach Eric, Guide and Drills Mentor at the 5-day bootcamp

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    Meet Participating Schools for the 6th AG-STUD Boot camp 2023

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    AG-STUD 2023 to host Motor King Manufacturer, Madam Nora Gao as mentor for the 5-day Bootcamp

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    UGBS With Funding From A.M.G Limited Commissions Innovation and Incubation Hub

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    OCP Africa Pledges Financial Support towards Agric Projects in O’Reilly and Accra Academy Senior High Schools

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    Hon. Dr. Zanetor Agyeman-Rawlings Donates 3 Laptops to Support Agric Students

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      “Connecting the Unconnected” – 13th Annual Pre-Harvest Agribusiness exhibition and conference Slated for October 24-26

      “Connecting the Unconnected” – 13th Annual Pre-Harvest Agribusiness exhibition and conference Slated for October 24-26

      Unscrupulous Persons Diverting Cocoa Fertilizers and Agri-Inputs – COCOBOD

      Unscrupulous Persons Diverting Cocoa Fertilizers and Agri-Inputs – COCOBOD

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      Consider Neem Oil as Organic Pest Control Agent— Expert advocates

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Home National News Crops

Let the Producer Price Review Committee do its job – Cocoa Buyers’ Association

by AgriWatch
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Amid calls for a review of the producer cocoa price ahead of the upcoming cocoa season, ostensibly to adjust it upward from the current rate of GH¢10,560 per metric tonne that was used for the 2021/2022 crop season, the Licenced Cocoa Buyers Association of Ghana (LICOBAG) has called for the Producer Price Review Committee (PPRC) to lead deliberations.

While acknowledging the principal role of farmers in the sector, the Association argued that having the Committee at the fore of the conversation will allow for a more objective, fair and robust decision-making process as the Committee has representation from all stakeholder groups in the cocoa value chain.

The call was conveyed in a statement from LICOBAG signed by its Executive Secretary, Victus Dzareh Dzah, which stressed that the process must be devoid of “sentiment or political expediency”.

“We have noted with great interest the agitation for an increase in producer price of cocoa, which we think is a step in the right direction… Much as we agree that the cost of doing any kind of business at this time is extremely high, we believe that a scientific approach must be taken in the price review exercise,” the statement read in part.

“In this regard, the Producer Price Review Committee, which has always had the mandate to deal with matters relating to the pricing of the crop, must be given the chance to do its job… However, a systemic approach to the issue reveals that all other stakeholders are part of the whole, and in fact interconnected. When the farmer produces cocoa it must be bought, graded and sealed, evacuated and shipped before the value is added to it – or else it is valueless,” LICOBAG added, while cautioning that failure to attain equitable input and distribution could severely hamper the entire cocoa value chain.

Last year, despite the fall in global market price for cocoa, government after deliberations with the PPRC maintained the producer price for purchasing cocoa beans at GH¢10,560 per metric tonne for the 2021/2022 crop season – a value that was 87.15 percent of the Free on Board (FOB) value.

Consequently, a 64-kilogramme gross weight bag of cocoa beans was sold for GH¢660, which at the time placed it as one of the highest-priced within the sub-region.

This came after Ghana Cocoa Board (Cocobod) raised the producer price by 28 percent per bag from GH¢515 in the 2019/2020 season, and the US$400 per metric tonne Living Income Differential (LID) came into effect.

This year, however, there have been renewed calls for an upward adjustment of the price to factor-in an appreciation of cocoa prices globally… as well as the sharp increase in cost of living and doing business.

The cedi’s fall in value against the US dollar ensures that cocoa farmers now earn approximately US$65 per bag versus US$100 a year ago.
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