Ghana and Ivory Coast harvest 60% of the world’s cocoa. #Ghana #IvoryCoast #cocoa
Ghana and Ivory Coast harvest 60% of the world’s cocoa. #Ghana #IvoryCoast #cocoa
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🔥SuperC’est un honneur de vous connaître🌙😃🚲Que ton travail soit reconnu et apprécié à sa juste valeur
This is one of many industries where Western countries design and control the market in turn ensuring all the profit goes to the top of the pyramid, on the opposite end those at the bottom are literally used for cheap to free labor
I don't mind the idea of paying more for chocolate if it helps the cocoa farmers across the world.
It's about time
2$ a day is so expensive than buying air. Seems slavery business getting more cost. I still believe coco grow in Europe because mandela effect.
Price floors ONLY hurt low-income farmers.
Be actually progressive; be a capitalist.
And then we get news of “chocolate is becoming more expensive for end consumers, because of the price hike in the producing countries!” – while that is only partially true.
Chocolate doesn’t need to become more expensive, as it is in fact just a re-distribution of profits within the industry.
Yes, but are they passing those increases in prices on to the farmers?
I’ve stopped buying cocoa and coffee that aren’t “fair trade”, and I am not ‘woke’ – I simply understand that wages have flatlined and/or decreased while costs to me for my staples and household goods along with corporate profits have continually gone up these past several years.
Comparing the chocolate-maker’s SALES is deliberately misleading. “Sales” is always larger than a “profit”. Accounting 101, for all those “college-educated” idiots, out there.
ABERRANT PAY…
When did they start paying em a decent wage last week ??
Reminds me of that clip where they gave the coco farmers chocolate and they had no clue what it even was.
Idk if its still up but its been stuck in my brain for like 10 years now.
these 2 country should ban export of cocoa to west , just ask company to manufacture it inside country
Price floor..already including premium??? Am I the only one seeing the redundancy?🤔
Not going to workers going to owners of farms let’s be real obviously great idea in theory, doesn’t cost $$$$$$ for rent or food there either cost of living different
(20/0.28)=(500/7)= 70 times the Chocolate Business Value worth over the Raw material (Cocoa) price. It's included much more ingredients of MILK, HONEY/Syrup or Almonds etc. that must be added. Not to mention packaging & (cooled) storages, Marketing & Transport to each every nation & town in the world.. it's retailed value anyway.. like comparing the price of a Brick to a luxury Condo/Apartment, fully equipped with Decoration & furniture. Curtained walls & chandelier.
These farmers should be living well, NOT poverty!! Especially if their customers are some of the wealthiest people in the f-ing world!!
Watch your back guys , farmers would suffer first if synthetica were ever made.
STOO EXPORTING THE BEANS and lets process chocolate domestically. Let Europe and N. America grow their own cocoa beans in green houses in their communitites using white labour!!!
The way to improve the income of the farmers is to introduce modern farming methods. When an advanced farmer can do the job of 100 obsolete farmers, he will get paid much more.
When you vote for puppets and fools into office that is the result
Better business model
I am a capitolist however, kudos to Ghana and the Ivory coast.
Your most important asset in production is your people.
You know you cannot always blame big corporations for plight of cocoa farmers .
In Ghana, the price government pays for cocoa beans from farmers doesn't make it like it cares either.
JazakAllah
Price fixing is never a good idea. It's going to hurt them in the long run.
Welcome to CAPITALISM! Hurrah
They should make their own chochlate manufacturing plant and compete internationally, they made more money and save the rest of us money.
Farmers all over the planet get shafted, I grew up on a farm so I know.
It’s all those top management fat cats VP’s who make all the money!!
From the bottom up all those struggling to make a fair wage should have their prices go up, if things get more expensive then either the pressure will create new methods to reduce costs or we simply consume less non-nessecities.