Disregard news about a decision on cocoa producer price – COCOBOD

The Ghana Cocoa Board (COCOBOD) has advised the public and cocoa farmers to disregard any news suggesting announcement on producer price of cocoa.

According to a statement released by COCOBOD on April 9, news about a decision on producer price cocoa is false as there are currently no Board of Directors in place to make such a crucial decision.

Also, per the regulations, COCOBOD says there should be a Producer Price Review Committee in place which will work out modalities for a new price but such committee is yet to be formed, hence no decision on producer price of cocoa has been taken.

Source: 3news.com