Government sets minimum producer prices for second season of mango, 2025 cashew season

The Tree Crops Development Authority (TCDA), an agency under the Ministry of Food and Agriculture (MoFA), has announced the minimum producer prices for the 2024 second season of mango and the 2025 cashew season. 

Speaking at a press briefing held in Accra on December 16, 2024, William Agyapong Quaittoo, the Chief Executive Officer of the Tree Crops Development Authority, outlined the new pricing mechanisms while highlighting TCDA’s achievements and ongoing efforts to transform Ghana’s tree crop industry.

The Authority has also introduced regulations and pricing mechanisms, collaborated with the World Bank on diversification projects, and initiated the licensing of aggregators and processors to boost international market competitiveness.

For the 2024 second mango season (November to February 2025), TCDA announced a minimum producer price of GH¢ 5.00 per kilogram for second-grade mangoes, following a “Cost Plus Margin” pricing approach.

Producers with first-grade mangoes can negotiate higher prices, while mangoes below second-grade quality will not be accepted by the industry.

“The Tree Crops Development Authority has been instrumental in diversifying Ghana’s agriculture and unlocking the potential of tree crops to drive economic growth; our commitment to supporting farmers and stakeholders remains steadfast as we aim for a sustainable and profitable future in this sector," he said. 

Since its establishment by Act 1010 and inauguration by President Nana Addo Dankwa Akufo-Addo in 2020, TCDA has played a pivotal role in diversifying Ghana’s agricultural sector by promoting cashew, oil palm, rubber, shea, coconut, and mango production. 

Key milestones include distributing 5.5 million elite seedlings to farmers, launching a five-year strategic framework (2022-2027), and developing digital traceability frameworks to enhance supply chain transparency. 

In the 2025 cashew season, the minimum producer price has been set at GH¢ 15.00 per kilogram, based on a pricing model established in 2021. 

This model factors in global raw cashew nut prices, exchange rates, and quality parameters such as moisture content. 

The announced price is designed to compensate farmers for their production and post-harvest costs, with the flexibility to adjust for economic changes if needed.

“This price is designed to fairly compensate our hardworking cashew farmers for their efforts and costs. We will continue to monitor economic conditions and make adjustments where necessary.”

The Authority expressed optimism for a fruitful harvest season and reiterated its commitment to supporting stakeholders and fostering sustainable growth in the sector.

AM/KA

Watch the latest video on TrendingGH below: