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In these two countries, cocoa beans are sold in advance of the October–September growing season via government contracts to trading houses, the three largest being Cargill, Olam and Barry Callebaut. These contracts are traded on futures exchanges, markets which ultimately determine how much cocoa beans will cost. [4]
Cocoa farmers in the Ahafo region of the west African country say climate change is bringing more erratic rainfall, with drought in formerly rainy periods and unseasonal downpours, so seedlings ...
California Cultured, a plant cell culture company, is growing cocoa from cell cultures at a facility in West Sacramento, California, with plans Companies are crafting new ways to grow cocoa, and ...
Cocoa was the top-performing commodity of 2024. The price of the bean surged as headwinds battered key producers. Prices are likely to stay high into 2025, analysts at ING said.
The majority of cocoa farms are located in Ivory Coast and Ghana. [2] In Ghana, Cocoa contributes 64% of all exports. [6] Traditional cocoa farms are planted in the shade among other crops and trees. They are especially found in the tropical rainforest areas. [7] Farming cocoa beans is a long process and many factors can affect the farm's yield.
During the 2018/19 cocoa-growing season, research commissioned by the U.S. Department of Labor was conducted by NORC at the University of Chicago in these two countries and found that 1.48 million children are engaged in hazardous work on cocoa farms including working with sharp tools and agricultural chemicals and carrying heavy loads.
The Seventh International Cocoa Agreement was negotiated in Geneva in 2010 and came into force provisionally on 1 October 2012. [2] The ICCO serves as a platform for stakeholders in the global cocoa industry to discuss topics relevant to international cocoa trade. It is a leading source of cocoa statistics globally, with data spanning nearly 70 ...
Just days after Israel's agriculture research centre, the Volcani Institute, sent 140 seedlings to a facility in southern Israel to study how this tropical plant could be grown in dry conditions ...