this post was submitted on 27 Mar 2024

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194

Cocoa prices hit $10,000 per metric ton for the first time ever (www.cnbc.com)

submitted 7 months ago by weirdbeardgame@lemmy.world to c/news@lemmy.world

16 comments fedilink hide all child comments

Difficult weather conditions and disease have affected production in West Africa, which produces about 70% of the world’s cocoa. The two largest producers, Ivory Coast and Ghana, have been hit by a combination of heavy rain, dry heat and disease recently.

Late last year, heavy rain and the spread of black pod disease in the two countries affected farming, according to a November report from the International Cocoa Organization. Poor road conditions also made it difficult to bring the available beans to port, according to the report.

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[–] ImplyingImplications@lemmy.ca 56 points 7 months ago (3 children)

I'm going to assume this isn't because the farmers are suddenly being paid fairly.

Difficult weather conditions and disease have affected production in West Africa, which produces about 70% of the world’s cocoa. The two largest producers, Ivory Coast and Ghana, have been hit by a combination of heavy rain, dry heat and disease recently. Late last year, heavy rain and the spread of black pod disease in the two countries affected farming, according to a November report from the International Cocoa Organization. Poor road conditions also made it difficult to bring the available beans to port, according to the report.

Ah, climate change and disease.

[–] taanegl@lemmy.world 13 points 7 months ago (1 children)

There's even some speculation that chocolate will go extinct because it is unable to continue under future conditions, that the only chocolate available will be grown within sterilised growing areas and cost a lot.

[–] CitizenKong@lemmy.world 3 points 7 months ago (1 children)

Same thing will happen to bananas within the next ten years by the way. So in about 30 years "banana for scale" won't mean anything to young people.

[–] Piemanding@sh.itjust.works 1 points 7 months ago* (last edited 7 months ago)

It's already happened before. They will just replace the banana again like they did back then. The last banana is all but extinct now. I bet the new banana is already in development and is being made to stave off disease. E: This is also why banana candies you get from the vending machines taste nothing like bananas. They taste like the old bananas.

[–] malloc@lemmy.world 6 points 7 months ago

ibanker: fArMeRs sHoUlD hAvE bOuGhT fUtUrEs tO hEdGe AgAiNsT lOsS

[–] DieguiTux8623@feddit.it 3 points 7 months ago

The poor getting poorer and the rich getting richer, same old story.

[–] Gork@lemm.ee 56 points 7 months ago (4 children)

Get ready for your chocolate to have less chocolate in it, and more filler instead.

[–] malloc@lemmy.world 26 points 7 months ago

chöcolate is not chocolate but a proprietary blend of the CEOs shite, CFOs piss, and some dog vomit. Non-GMO, organic, certified cruelty free!

[–] FinishingDutch@lemmy.world 21 points 7 months ago

Honestly, the shrinkflation alone has already soured me on most commercial chocolate products. Candy bars were twice the size when I was a kid - while also costing less.

These days the candy bars you get are all mini/‘fun size’ with the actual mini bars being even smaller.

Basically, it’s just not worth it to buy them. And that’s not even considering the change in recipe that they went through.

[–] ininewcrow@lemmy.ca 15 points 7 months ago (1 children)

50 years from now, people won't remember what actual chocolate tasted like

[–] Grass@sh.itjust.works 9 points 7 months ago (1 children)

Want there already a thing where they gave the farmers American chocolate products and they didn't believe it was made from their plants?

[–] ralakus@lemmy.world 4 points 7 months ago (1 children)

I remember a documentary touching on that subject but I think it was moreso related to the amount of sugar and processing the cocoa goes through before being sold on the market

[–] scoobford@lemmy.zip 3 points 7 months ago

Yeah, chocolate is delicious and I love it, but even if made with just cocoa and sugar, it is radically different than what comes off of the plant.

https://www.youtube.com/watch?v=IaCZcdWk1DU

[–] theodewere@kbin.social 2 points 7 months ago* (last edited 7 months ago)

and higher concentrations of genuinely harmful stuff in the cocoa that eventually gets to market

[–] Duke_Nukem_1990@feddit.de 12 points 7 months ago

Ahh thats great for all the slave owners of the cocoa fields I bet.

[–] AllonzeeLV@lemmy.world 7 points 7 months ago* (last edited 7 months ago)

Coffee and Chocolate will again be luxuries of the rich in the coming decades. The rest will learn to use cancer causing, cheap to produce imitations. The owners don't care, so long as the right people can get as much as they want and more.

As ever, thanks greedy capitalists, wish we weren't too chickenshit and/or deluded into worshipping you to stop you.