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Chocolate War Leaves World s Top Cocoa Producer Stuck With Beans

Isis Almeida and Leanne de Bassompierre, Bloomberg News (Bloomberg) Nobody is suffering more from a global chocolate standoff than the Ivory Coast cocoa farmer. Less than two years after the top cocoa producer teamed up with neighboring Ghana to force companies from Hershey Co. to Nestle SA to pay more for their beans, the attempt to exert control over prices is backfiring. Buyers are refusing to pay up, beans are piling in warehouses upcountry and farmers are so desperate that some even slept outside the offices of Ivory Coastâs cocoa regulator demanding action. âWe have suffered with our cocoa piling up,â said Baba Kampe, a 45-year-old farmer with 8 hectares (20 acres) in Daloa who was among those sleeping outside the regulatorâs offices Monday. âIt has been difficult to feed our children.â

New yorkUnited statesBas sassandraCoted ivoireFrance generalHaut sassandraN zi comoeIvory coastJonathan parkmanLos angelesYves koneBaba kampeMarex parkmanFelix houphouet boignyKouadio moussaWorld cocoa foundation

Rain helps Ivory Coast cocoa farmers

Rain helps Ivory Coast cocoa farmers The region received 50.5mm of rainfall last week, 47.2mm above the average 11 January 2021 - 16:42 Loucoumane Coulibaly A worker sews up cocoa bags at a co-operative in Duekoue, Ivory Coast. File photo: REUTERS/ANGE ABOA Abidjan Unseasonably heavy rains mixed with sun last week in most of Ivory Coast’s cocoa regions, improving prospects for the April-to-September mid-crop harvest, farmers said on Monday. Ivory Coast, the world’s top cocoa producer, is in its dry season, which runs until March. Farmers said they were pleased with the rainfall and the weakness of 2021’s Harmattan winds, which sweep in dust from the Sahara Desert.

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Ivory Coast weather lifts mid-crop cocoa outlook

By Reuters Staff 3 Min Read ABIDJAN, Jan 25 (Reuters) - Rainfall was below average last week in most of Ivory Coast’s cocoa growing regions but good soil moisture content was helping the development of trees for the April-to-September mid-crop, farmers said on Monday. However, some farmers in the world’s top cocoa growing nation are reluctant to harvest the abundant pods on trees in the last stage of the ongoing October-to-March main crop due to an oversupply of beans and a lack of buyers. “There is discouragement. If we carry out the harvest, how are we going to pay the workers,” said Basile Yavo, who farms near the southern region of Agboville where 5 millimetres (mm) fell last week, 2.5 mm above the five-year average.

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WATCH: Cape Town becomes part of longest human chain in the world

WATCH: Cape Town becomes part of longest human chain in the world
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Chocolate war leaves the world s top cocoa producer stuck with beans

Chocolate war leaves the world s top cocoa producer stuck with beans
stripes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stripes.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesBas sassandraCoted ivoireFrance generalHaut sassandraN zi comoeIvory coastJonathan parkmanLos angelesYves koneBaba kampeMarex parkmanFelix houphouet boignyKouadio moussaWorld cocoa foundation