Dr Abbey said the current strain was worsened by forward sales contracts signed at historically low prices. When global prices later surged, buyers holding those contracts opted to finance the crop to protect their exposure. Global cocoa prices have fallen, while Ghana’s farmgate price remains elevated. Dr Abbey said the regulator is aware of the challenges and is working with government and industry stakeholders to stabilise the situation. Until then, Dr Abbey appealed for patience from farmers, saying COCOBOD remains committed to settling all payments.

Source: GhanaWeb February 09, 2026 14:13 UTC