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The President of the Peasant Farmers Association of Ghana, Dr Charles Nyaaba, has disputed the reasons outlined by the Ghana Cocobod for the low production of cocoa.

In an interview on Joy FM’s Midday News on Wednesday, June 12, Dr Nyaaba said the reasons outlined by the Cocobod Chief Executive, Joseph Boahen Aidoo indicate that the agency has been shortchanging farmers on pricing.

“I disagree with that….Why would anybody sell to somebody if the person is not offering better prices? When you talk about marketing issues, it is different from production. This production decrease has got nothing to do with the smuggling he is talking about. The production itself is going down,” he stated.

His comment follows Cocobod's revelation about a decrease in cocoa production in the first quarter of 2024 compared to last year, 2023, resulting in a revenue shortfall of $500 million.

The COCOBOD Chief Executive explained that some Russians working with their Ghanaian counterparts are buying cocoa beans from farmers and selling them on the black market, while climate change has also contributed to the low production of cocoa.

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