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    Home»Business»Farmers commend COCOBOD for decision to announce new prices in August
    Business

    Farmers commend COCOBOD for decision to announce new prices in August

    ZamZam UpdateBy ZamZam UpdateApril 24, 2025No Comments2 Mins Read
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    Cocoa farmers at Sehwi Aboagyekrom within the Western North Area have lauded the Ghana Cocoa Board (COCOBOD) following the announcement {that a} new cocoa producer worth might be declared in August 2025.

    The anticipated worth is anticipated to surpass that of neighbouring Ivory Coast, a transfer the farmers consider will improve their livelihoods and handle key challenges dealing with the cocoa business.

    The Chief Govt Officer of COCOBOD, Dr. Ransford Abbey, made the announcement throughout a three-day working tour of the Western North and Western South Areas.

    Addressing a gathering of cocoa farmers at Aboagyekrom within the Sehwi Wiawso Municipality, Dr. Abbey defined that the deliberate worth increment is a part of the federal government’s effort to assist cocoa farmers and cut back the temptation to smuggle produce throughout borders, the place costs are presently extra beneficial.

    He emphasised that the choice aligns with a broader technique to enhance farmers’ earnings, curb cocoa smuggling, and discourage unlawful mining in cocoa-growing areas.

    The farmers welcomed the information with pleasure and expressed reduction, particularly given circulating rumours that there could be no worth increment this yr.

    They recommended COCOBOD for heeding their calls and exhibiting dedication to the welfare of cocoa producers.

    In interviews with the media, a number of farmers famous that the brand new worth, as soon as applied, wouldn’t solely encourage them to extend manufacturing but in addition inspire extra youth to enterprise into cocoa farming.

    Additionally they consider it’s going to assist stabilise the business by discouraging cross-border smuggling of cocoa beans.

    The farmers pledged their continued assist for COCOBOD and urged the federal government to make sure that the August announcement comes with a considerable improve to replicate present market situations.

    DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially symbolize the views or coverage of Multimedia Group Restricted.



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