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Cocoa Farmers Uproot Their Plants Despite Record PricesCocoa was the best-performing commodity in 2024, outpacing even bitcoin, but that hasn’t stopped farmers from abandoning the crop. Farmers in the top cocoa-producing region of the world are ...
17don MSN
The loud whirr of a chainsaw sounds through the forest as a small group of farmers gathers around a tree filled with red seed pods. With one slow stroke, a severed knobby branch hits the ground. “Now ...
The loans - typically used to buy fertilizer, irrigation and equipment - will charge 12% interest per year. In Brazil, 85% of cocoa producers are on the margins of the country's financial system ...
The price per ton of cocoa ended 2024 with a 178.2% surge, closing at $11,675 after reaching an all-time high of $12,931.
Cocoa trees are high maintenance ... to promote growth and prevent the spread of disease. He is using organic fertilizer and has adopted agroforestry techniques, integrating other crops and ...
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