The Tree Crops Development Authority (TCDA) is set to announce a new producer price for cashew today, Monday, December 15, 2025, following the conclusion of extensive consultations with key industry stakeholders across the Raw Cashew Nut value chain.
As part of the preparatory process, the Authority recently engaged farmers, traders, aggregators, exporters, processors and nursery operators at a high-level meeting in Techiman in the Bono East Region.
The engagement was led by the Chief Executive Officer of the TCDA, Dr Andy Osei Okrah, and focused on reviewing and clarifying the parameters used in determining the Minimum Producer Price for the 2025 cashew season.
Participants were taken through the key indicators informing the pricing model, including global market trends, production forecasts, quality standards and cost components. Officials of the Authority explained that the pricing process is guided by the Tree Crops Development Authority Act, 2019 (Act 1010) and the Tree Crops Development Authority Regulations, 2023 (L.I. 2471), with specific reference to Regulation 47(1).
During the session, stakeholders examined the application of the approved pricing formula using a prevailing Free On Board (FOB) price of US$1,400 per metric tonne, based on 48 KOR and 180 nut count with a maximum moisture content of 10 per cent, a six-month average exchange rate of GH¢11.0241, and all applicable statutory and operational cost components.
After applying the variables, the indicative price derived from the formula stood at US$1,012.08 per metric tonne, equivalent to GH¢11,157.34, based on 46 KOR and 190 nut count with a maximum moisture content of 10 per cent. This translated into GH¢11.157 per kilogram.
Following extensive deliberations, all value chain actors unanimously agreed to adopt a simplified and farmer-friendly round figure of GH¢12.00 per kilogram as the Minimum Producer Price for the 2025–2026 Raw Cashew Nut season. The consensus was reached to promote fairness, motivate farmers and sustain a competitive domestic cashew market.
Stakeholders further agreed that the producer price would be reviewed regularly in line with changes in market conditions and the parameters underlying the pricing model.
In his closing remarks, Dr Okrah said the consultative approach underscored the Authority’s commitment to transparency, fairness and stability in the cashew sector, while helping to streamline the value chain and ensure a more predictable and profitable season for all industry actors.
