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Business News of Tuesday, 17 September 2024

Source: GNA

Ghana Cocoa Board announces closure of the 2023/2024 main crop season

Cocoa Cocoa

The Ghana Cocoa Board has announced that the purchases for the 2024 light crop season ended at the close of business on Tuesday, September 10, 2024.

A statement issued in Accra by Dr Emmanuel A. Opoku, a Deputy Chief Executive of COCOBOD said: “In order to assist the Licensed Buying Companies to obtain the final returns from up-country, COCOBOD had decided that returns on the declared purchases will be accepted up to 4:00pm on Thursday September 19, 2024.”

Meanwhile, the purchasing of the 2024/2025 main crop season commenced on Wednesday September 11, 2024.

It said the producer price to be paid at all buying centres was GH₵1,400 per load of 30 kilograms for Grade I and II cocoa beans naked ex-scale or GH₵3,000.00 per bag of 64 kilograms gross.

It said a tonne of 16 bags was GH₵48,000.00.