Ghana's Ministry of Food and Agriculture established guaranteed minimum prices for three staple crops that allow farmers to sell directly to the National Food Buffer Stock Company. The pricing structure sets a 100-kilogram maize bag at GH¢450, while a 50-kilogram rice bag costs GH¢625 and a 34-kilogram gari bag costs GH¢340. The Producer Price Determination Committee approved these rates during its inaugural meeting in September after President John Dramani Mahama allocated GH¢100 million to strengthen NAFCO operations.
The policy seeks to protect farmers from buyers offering below-market rates while reducing post-harvest losses and stabilizing food supplies during lean periods. The 10-member committee draws representatives from agricultural associations and government agencies to guide commodity pricing under the national food security strategy. Farmers facing difficulties with buyers should contact NAFCO to receive the approved rates for their products.
The policy seeks to protect farmers from buyers offering below-market rates while reducing post-harvest losses and stabilizing food supplies during lean periods. The 10-member committee draws representatives from agricultural associations and government agencies to guide commodity pricing under the national food security strategy. Farmers facing difficulties with buyers should contact NAFCO to receive the approved rates for their products.
