{"id":8134,"date":"2014-03-24T11:04:06","date_gmt":"2014-03-24T11:04:06","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=8134"},"modified":"2014-03-24T11:04:06","modified_gmt":"2014-03-24T11:04:06","slug":"cocobod-uncertain-over-producer-price-review","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/03\/cocobod-uncertain-over-producer-price-review\/","title":{"rendered":"COCOBOD uncertain over producer price review"},"content":{"rendered":"<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/03\/Ghana_Cocoa_Board_Cocobod_logo.jpg\"><img loading=\"lazy\" class=\"alignright size-full wp-image-8149\" alt=\"Ghana_Cocoa_Board_(Cocobod)_logo\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/03\/Ghana_Cocoa_Board_Cocobod_logo.jpg\" width=\"300\" height=\"150\" \/><\/a>Ghana\u2019s cocoa industry regulator, COCOBOD has told Citi Business News it is uncertain on whether it will review upwards the producer price for cocoa for this year.<\/p>\n<p>The Producer Price Review Committee last year maintained the producer price of cocoa at\u00a03, 392 Ghana cedis per ton due to a drop in the price of cocoa on the world market.<\/p>\n<p>The minority in parliament earlier warned that maintaining the producer price may encourage smuggling of cocoa from Ghana to neighboring Cote D\u2019Ivoire and Togo.<\/p>\n<p>COCOBOD\u2019s spokesperson Noah Ameyah told Citi Business News it will be difficult to determine the review in price since the committee has not met.<\/p>\n<p>\u201cWhen they meet they will be look at the stakes and will adjust or retain the producer price that is currently running.<\/p>\n<p>So we will not be able to say farmers should expect an increase in producer price,\u201d Ameyah said.<\/p>\n<p>According to him, \u201cIt will come from the committee. The committee is still taking data. We run thirty-two to thirty-four weeks and we are eighteen weeks and so we are not ready to review. They will look at the market conditions and all other conditions\u201d.<\/p>\n<p>&nbsp;<\/p>\n<p>By:\u00a0 Kwaku Anim Boadu\/citifmonline.com\/Ghana<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghana\u2019s cocoa industry regulator, COCOBOD has told Citi Business News it is uncertain on whether it will review upwards the producer price for cocoa for this year. The Producer Price Review Committee last year maintained the producer price of cocoa at\u00a03, 392 Ghana cedis per ton due to a drop in the price of cocoa [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":8150,"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>COCOBOD uncertain over producer price review  - Citi 97.3 FM - Relevant Radio. 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