The Ghana Cocoa Board (Cocobod) is a Ghanaian government-controlledinstitution that fixes the buying price for cocoa in Ghana, theworld's second largest producer of the commodity. The price-fixingis seen[by whom] as an attempt to protect farmers from the volatileprices on the world market. While an overwhelming majority of cocoais covered by the Cocobod, some special types of cocoa are notincluded, such as some fair trade, organic and high-quality beans.Besides the price-fixing, the organisation sells higher qualityhybrid seeds, and does some research on cocoa plant-relateddiseases.Between 1947 and 1979, the institution was known as the CocoaMarketing Board.