Ghana is the world's second-largest cocoa producer. Seneroy AI tracks COCOBOD farmgate prices, ICE Futures benchmarks, and regional market rates — and uses AI to tell you what the numbers mean for your farm today.
Ghana's cocoa market operates on three price levels that every producer should understand. The COCOBOD farmgate price is the guaranteed minimum price set by the Ghana Cocoa Board at the start of each main crop season. For 2024–2025, this was set at GHS 3,108 per bag (64kg). This is what Licensed Buying Companies (LBCs) must pay at the farm gate — it is your floor price.
The ICE Futures price (London or New York) reflects global cocoa commodity trading and is denominated in USD per tonne. Ghana's FOB export price is derived from ICE Futures minus export costs and quality premiums. As of 2025–2026, ICE prices have been elevated — Ghana's FOB price has been tracking around $2,400/t, significantly higher than historical averages.
The premium layer is increasingly important. EUDR-compliant, traceable, sustainably certified cocoa commands buyer premiums of 10–15% above standard FOB prices. Farmers and cooperatives with verified deforestation-free documentation are accessing prices others cannot. Seneroy AI helps you capture this premium through built-in EUDR compliance tools.
While cocoa is Ghana's flagship export crop, Seneroy AI's market intelligence covers the full range of commodities traded by Ghana farmers and cooperatives.
Free to start. No credit card. Works on any phone. Everything you need to farm smarter in Ghana.