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AGRA Report: Food prices drop by 32% over last year

AGRA Report: Food prices drop by 32% over last year

 

Ghana has experienced a significant decline in food prices, dropping by 32.69% over the past year, according to the Alliance for a Green Revolution in Africa (AGRA) Food Security Monitor Report.

The decrease is even more pronounced in the last six months, with a 37.13% drop.
The report attributes this trend to improved supply from recent harvests and seasonal inflows.

Maize prices fell by 8.1% from $407 to $374 per metric tonne between October and November 2025. Rice prices also softened, with a 9.2% decline from $1,157 to $1,051 per metric tonne.

While lower food prices benefit consumers, they pose challenges for farmers. Over 1.2 million tonnes of rice, maize, and soybeans remain unsold in the country, leaving farmers unable to cover production costs.

The government’s $18 million procurement funding hasn’t been enough to absorb the surplus.

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