{"id":156825,"date":"2015-10-03T06:00:44","date_gmt":"2015-10-03T06:00:44","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=156825"},"modified":"2015-10-02T18:54:04","modified_gmt":"2015-10-02T18:54:04","slug":"govt-announces-more-than-21-increment-in-cocoa-producer-price","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=156825","title":{"rendered":"Gov&#8217;t announces more than 21% increment in cocoa producer price"},"content":{"rendered":"<p>Government has sanctioned 21.74% increase in the producer price of cocoa for the 2015\/2016 crop season effective October 2, 2015.<\/p>\n<p>[contextly_sidebar id=&#8221;mPDEOqigZHx8nalWOLDhUAkdPpWNmywJ&#8221;]The Producer Price Review Committee (PPRC) on cocoa has agreed on the upward adjustment from 350 cedis to 420 cedis on a 64 kilogram bag of cocoa.<\/p>\n<p>The current price per tonne is 6,720 cedis from the previous 5,520 cedis representing an increase of 1200 cedis.<\/p>\n<p>The committee has also agreed on the payment of a 5 cedi bonus per cocoa bag to farmers.<\/p>\n<p>A deputy minister of finance and chairman of the PPRC Cassiel Ato Forson announcing the latest figures at a press briefing said all licensed buying companies must pay the latest prices to farmers or face sanctions.<\/p>\n<p>&#8220;The price per bag a farmer will receive is 425 cedis, so please LBCs take note and the LBCs must ensure the farmers are paid at the time of the sale of their produce&#8221;, he charged.<\/p>\n<p>Ghana Cocoa Board is also projecting Cocoa production output for the crop season between 850,000 tonnes and 900,000 tonnes.<\/p>\n<p>&#8211;<\/p>\n<p>By:\u00a0 Rabiu Alhassan\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government has sanctioned 21.74% increase in the producer price of cocoa for the 2015\/2016 crop season effective October 2, 2015. [contextly_sidebar id=&#8221;mPDEOqigZHx8nalWOLDhUAkdPpWNmywJ&#8221;]The Producer Price Review Committee (PPRC) on cocoa has agreed on the upward adjustment from 350 cedis to 420 cedis on a 64 kilogram bag of cocoa. The current price per tonne is 6,720 [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":79236,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[21,4],"class_list":["post-156825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-psychiatric","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/156825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=156825"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/156825\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/79236"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=156825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=156825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=156825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}