The producer price of a kilo of cashew nuts has been increased from 3,000 to 3,500 cedis, a statement from the Ghana National Procurement Agency (GNPA) dated March 20, 2003 and signed by Mr S.G. Ackotia, Director of Exports.
Mr Albert Kofi Mensah, chairman of the Central Region Co-Operative Cashew Farmers Union told the Ghana News Agency at Ekumfi Essarkyir that that the GNPA had also released to the union funds for the purchase of the crop.
Mr Mensah commended the agency for its efforts to boost the morale of cashew farmers most of whom were contemplating abandoning their farms due to the lack of ready market for the produce.
He appealed to the farmers to take advantage of the new producer price and the ready market to reactivate their farms.
He said over 50 bags of the nuts had been bought at the Essarkyir depot and appealed to the farmers to sell their produce to the nearest depot for prompt payment.
