Cocoa Price in Ghana Today: Cedis per Bag, Cocobod Producer Price & the World Price Gap
Ghana's cocoa price is not set by the market day to day — it is a producer price fixed by Cocobod's Producer Price Review Committee and paid to farmers at the shed. This page tracks the current official price in cedis per tonne and per bag, every revision since the 2024/25 season, and how the Ghanaian farmgate compares with the world cocoa price in US dollars per tonne — all from dated, official figures.
Current Cocoa Price in Ghana
As of September 25, 2026, the farmgate price of cocoa in Ghana is 42,400 GHS / tonne.
Every Published Cocoa Price Layer
| Country | Layer | Price | Source | As of |
|---|---|---|---|---|
| Ghana | farmgate (seasonal) | 42,400 GHS / tonne | Official announcement | September 25, 2026 |
| Côte d'Ivoire | farmgate (seasonal) | 1,200 CFA / kg | Official announcement | September 1, 2026 |
| Nigeria | exchange spot (daily) | 7,500 NGN / kg | Mansa Markets | November 5, 2026 |
| Cameroon | export reference (daily) | 3,136 FCFA / kg | Mansa Markets | November 5, 2026 |
Cocobod producer price: every announcement since 2024/25
Officially announced figures with their announcement dates. Per-bag figures are the official per-tonne price divided by sixteen, as announced.
| Announced | Season / event | Per tonne | Per bag |
|---|---|---|---|
| 25 Sep 2026 | 2026/27 season opening (in force) | GHS 42,400 / tonne | GHS 2,650 |
| 12 Feb 2026 | 2025/26 revision (held for the 2026 light crop) | GHS 41,392 / tonne | GHS 2,587 |
| 3 Oct 2025 | 2025/26 mid-season increase | GHS 58,000 / tonne | GHS 3,625 |
| 7 Aug 2025 | 2025/26 season opening | GHS 51,660 / tonne | GHS 3,228.75 |
| Sep 2024 | 2024/25 season | GHS 49,600 / tonne | GHS 3,100 |
How Ghana's cocoa price is set
Cocobod announces a guaranteed producer price at the opening of each main-crop season, usually between August and October, and can revise it mid-season. The price is quoted per tonne and per bag, using the Ghanaian convention of sixteen bags to the tonne. Licensed buying companies must pay farmers at least this price, which is why the figure matters more to Ghanaian growers than the futures price in New York or London.
The producer price follows the world market with a lag, in both directions. When world cocoa spiked toward record levels, Cocobod raised the price twice in 2025; when the world price fell back sharply, the committee cut it in February 2026. The 2026/27 season opened on 25 September 2026 with a small increase to GHS 42,400 per tonne (GHS 2,650 per bag), the price currently in force.
Reading the gap between Ghana's price and the world price
The world benchmark shown above is a monthly global cocoa price in US dollars per tonne. Converting Cocobod's cedi price at the current exchange rate shows what share of the world price actually reaches a Ghanaian farmer. That share moves with three things: the world price itself, the cedi, and Cocobod's announcement cycle — which is why the gap widens fastest in the months just before a new season price is set.
Recent Dated Observations · Ghana
The running record behind this page — each row is a dated observation, not an estimate.
| Date | Layer | Price | Source |
|---|---|---|---|
| September 25, 2026 | farmgate | 42,400 GHS / tonne | Official announcement |
| February 12, 2026 | farmgate | 41,392 GHS / tonne | Official announcement |
| February 12, 2026 | farmgate | 41,392 GHS / tonne | Official announcement |
Cocoa Price FAQ
What is the cocoa price in Ghana today?
As of September 25, 2026, the farmgate price of cocoa in Ghana is 42,400 GHS / tonne. Every figure on this page carries its price type, cadence and as-of date.
How many bags of cocoa are in a tonne in Ghana?
Ghana's cocoa trade uses sixteen bags to the tonne, so the per-bag producer price is the per-tonne price divided by sixteen. Bags are commonly described as 64 kg gross weight.
Who sets the cocoa price in Ghana?
The Producer Price Review Committee, convened by Cocobod (the Ghana Cocoa Board), sets the guaranteed producer price. It typically announces a new price at the season opening around August–October and can revise it during the season.
What is the price of one bag of cocoa in Ghana for 2026/27?
GHS 2,650 per 64 kg bag, or GHS 42,400 per tonne, effective 25 September 2026. That is GHS 63 more per bag than the 2025/26 price of GHS 2,587, an increase of about 2.4%.
When is the next Ghana cocoa price announcement?
The 2026/27 price was announced on 25 September 2026. Cocobod can revise it during the season, as it did in October 2025 and February 2026, and sets a new price at the opening of the 2027/28 main crop, usually between August and October. The table above always shows the price currently in force with its announcement date.