Bitter times for cocoa farmers as chocolate market slumps (www.bbc.com)
from Valnao@sh.itjust.works to world@lemmy.world on 09 Mar 15:06
https://sh.itjust.works/post/56523219

#world

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Buffalox@lemmy.world on 09 Mar 15:22 next collapse

Goddam that is harsh for those Cocoa farmers. I wasn’t even aware prices had dropped.
No wonder it was a huge deal for farmers when EU (EEC) managed to get most of these issues under control for European farmers.

Eggyhead@lemmy.world on 09 Mar 15:25 next collapse

Don’t worry chocolate farmers, my wife and I are on it!

Lexam@lemmy.world on 09 Mar 15:33 next collapse

Seems to be the same story as beef. Beef prices for the consumer are up, but not for the rancher (who are rich and you don’t have to feel bad for.) But the giant companies in the middle are making record profits.

empireOfLove2@lemmy.dbzer0.com on 09 Mar 17:32 collapse

not for the rancher (who are rich and you don’t have to feel bad for.)

As is the story old as time. Low margin small independent producers can’t absorb the hit to sales price with rising input costs, while the corporate CAFO’s that have oodles of capital simply absorb the independents.

cattywampas@lemmy.world on 09 Mar 15:40 next collapse

Can I help by buying more chocolate?

frongt@lemmy.zip on 09 Mar 15:45 collapse

No. This is about the cocoa beans in this region specifically, and how prices are set.

frongt@lemmy.zip on 09 Mar 15:46 collapse

Don’t worry, it’ll get worse with global warming!