{"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\/2015\/10\/govt-announces-more-than-21-increment-in-cocoa-producer-price\/","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":[],"categories":[],"tags":[21,4],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gov&#039;t announces more than 21% increment in cocoa producer price - Citi 97.3 FM - Relevant Radio. 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