Ghana: Farmers pleased with 3.3% increase in cocoa producer price, laud gov’t for the decision

Published 2024년 11월 11일

Tridge summary

During the National Farmers’ Day 2024 awards ceremony in Accra, Ghana, President Nana Akufo-Addo announced a 3.3% increase in the cocoa producer price to support farmers, raising it from GH₵3,000 to GH₵3,100 per 64kg bag. The event, part of the Agrifest Ghana 2024, recognized outstanding farmers, including Alex Kwame as National Best Cocoa Farmer and Solomon Tohola as National Most Promising Young Cocoa Farmer. Yaa Adjeley was awarded National Most Enterprising Female Cocoa Farmer, and Nana Owusu Achiaw Brempong was named Overall National Best Farmer, receiving one million Ghana cedis. The ceremony, rescheduled to November 8, 2024, due to upcoming elections, emphasized building climate-resilient agriculture for sustainable food security.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Buertey Francis BORYOR At National Farmers’ Day, 2024 awards ceremony, held in Accra, Ghana’s cocoa farmers expressed joy- as President Nana Akufo-Addo announced an increase in the cash crop’s producer price from GH₵3,000 to GH₵3,100 per 64kg bag. This represents a minor increase of 3.3 percent over the previous rate announced in September for the 2024/2025 crop season. The GH₵49,600 per tonne adjustment aims to align cocoa prices with market realities and provide further support to producers. On the night, Alex Kwame, a 46-year-old dynamic cocoa farmer from the Prestea- Huni Valley district in the Western region was adjudged the National Best Cocoa Farmer for the 2023/2024 Crop Year. He owns 26 different farms, totalling an area of 52. 18 hectares. Mr. Kwame, while speaking to the Business and Financial Times (B&FT) after the event- expressed joy over the new cocoa producer price increase- describing it as unexpected and heartwarming. Additionally, he was grateful to the ...

Source: Thebftonline