The Concerned Cocoa Farmers Association of Ghana has postponed its planned protest, originally scheduled for Monday, August 11, 2025, in solidarity with the nation’s mourning of eight officials including two ministers who died in last Wednesday’s helicopter crash.
The demonstration, set to take place at the Ghana Cocoa Board (COCOBOD) headquarters in Accra, was intended to protest the recent price adjustment of cocoa from GHS 3,100 to GHS 3,228 per 64kg bag. Farmers argue that the GHS 128 increase does not reflect soaring input costs and the economic pressures they face.
Association president Nana Oboadie Boateng Bonus said the decision to postpone was a mark of respect for the grieving nation. “If the demonstration went ahead, it would send the wrong signal about the state. Dialogue is still the way forward,” he noted, adding that authorities have yet to address the group’s concerns.
The new cocoa price was announced on Monday, August 4, by Finance Minister Dr. Cassiel Ato Forson, who pegged the revised farmgate price at GHS 51,660 per tonne equivalent to GHS 3,228.75 per 64kg bag. This represents a 62.58% increase in dollar terms, from $3,100 to $5,040 per tonne, meeting President John Dramani Mahama’s pledge to ensure farmers receive at least 70% of the international market price.
The new price, computed using an exchange rate of GHS 10.25 to the US dollar, officially took effect on Thursday, August 7, 2025.
