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The Ministry of Food and Agriculture (MoFA) has introduced minimum guaranteed farmgate prices for three staple crops, offering farmers the option to sell directly to the National Food Buffer Stock Company (NAFCO) at fixed rates.
In a statement issued by the ministry’s Public Relations Office on September 29, 2025, the new structure pegs a 100-kilogramme bag of maize at GH¢450, a 50 kg bag of rice at GH¢625, and a 34 kg bag of gari at GH¢340. This translates into GH¢4.50 per kilogramme for maize, GH¢12.50 for rice, and GH¢10 for gari.
The prices were approved by the Producer Price Determination Committee during its first meeting, held between September 11 and 12 after its inauguration earlier this month.
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According to the ministry, the guaranteed prices aim to tackle the recurring problem of unsold surplus grains, ensure fair earnings for farmers, and stabilise the agricultural value chain. Farmers have been cautioned against selling below the approved rates.
“Any farmer experiencing difficulties with buyers who attempt to purchase below the guaranteed prices should sell their stock directly to NAFCO, where they will be assured of the approved price,” the statement emphasised.
The ministry added that the measures will protect farmer livelihoods, safeguard the grain market, and strengthen national food security.
The Producer Price Determination Committee was established to guide the pricing of selected agricultural commodities as part of a broader strategy to revive the National Food Security Reserve.
The 10-member body comprises representatives from MoFA, NAFCO, the World Food Programme, the Peasant Farmers Association, the Poultry Farmers Association, the Feed Ghana Secretariat, and the Network of Commercial Agricultural Production.
Earlier this year, President John Dramani Mahama announced a GH¢100 million government investment to revitalise NAFCO and restore the National Food Security Reserve, which had been depleted for several years.
NAFCO is tasked with storing excess maize, rice, and gari to prepare for potential shortages, disasters, or other emergencies. By acting as a buffer, the agency is also expected to stabilise food prices during lean seasons and help reduce post-harvest losses that have long plagued farmers.
The ministry believes that the introduction of guaranteed farmgate prices, alongside the renewed capacity of NAFCO, will provide farmers with greater certainty and strengthen Ghana’s resilience against food insecurity.
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