Cocoa prices have more than doubled this year to a record as extreme weather, disease and structural issues have hurt supplies from Ivory Coast and Ghana.
Cocoa prices have more than doubled this year to a record as extreme weather, disease and structural issues have hurt supplies from Ivory Coast and Ghana. That’s bringing more global attention to Brazil, which has plenty of agricultural know-how and farmers with financial resources to invest in new crops. Several farmers working with the new techniques say productivity can reach about 3,000 kilograms per hectare, much higher than the national average of 491 kilograms per hectare.
(Bloomberg) Valuable cocoa beans pour from the pipe of what looks like a small train making its way through tropical fruit trees in Brazil, leaving only husks on the ground. Most Read from BloombergSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomRBC Fires CFO Ahn After Probe Into Personal RelationshipTurkey Joins NATO Allies in Suspending Europe Arms TreatyTrumpism Is Emptying ChurchesMark Zuckerberg’s Wealth Exceeds Elon Musk’s for the First Time Since 2020The machine is brin
Cocoa farmers in Brazil are getting ready for a dramatic comeback. Once a prominent global supplier, the country lost it all to a tree-killing disease that decimated crops back in the 1980s. Now, it’s planning a revival. There’s fresh money flowing in, producers are venturing into new areas and traditional…
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