Business

No fixed prices for 2021 cashew season – Agric Minister

Minister for Food and Agriculture, Dr. Owusu Afriyie Akoto, has revealed that Tree Crops Development Authority (TCDA) has not issued or fixed a minimum producer price for 2021 cashew season.

The minister stated that in parallel engagement with farmers and buyers has result in an equilibrium price of Gh¢4.00 to 5.50/kg at the close of the season.

“It’s observed that, almost all the parameters and conditions required for the determination of a satisfactory pricing formula are available and accessible,” he said.

His response was in connection to a question filed by the Member Parliament (MP) for Jaman North, Frederick Yaw Ahenkwah, who sought to find out the fix producer price for 2021 cashew season.

Meanwhile, Mr. Ahenkwah expressed the assurance he has found in the minister over TCDA’s process to fix a satisfactory and competitive producer price for Raw Cashew Nuts in 2022 crop season.

He was, however, quick to add that the promise to fix the producer prices started in 2019 yet it did not happen.

“I hope by January 2022, as the minister informed the house, we will all be expecting it, …let’s wait and see, when we get to the bridge, we shall cross,” he stressed.

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