Monday, October 02, 2017

What?!? But I Love Chocolate, How Can This Be Possible?

I. Coast freezes cocoa farmer prices due to falling rates

Ivory Coast, the world's top cocoa grower, on Sunday set its minimum rate for farmers at 700 CFA francs per kilo for the 2017-18 crop, a steep drop over the previous year, due to falling global prices. Although production increased 28.5 percent to a record 2.15 million tonnes in the 2016-17 season, world cocoa prices have…