“Ghana and Ivory Coast still dominate global cocoa production, but it has not made their economies rich. Prior to a recent surge in cocoa prices, for decades the raw commodity was exported for dismally low prices. The real money is made further down the chain. The Fairtrade Foundation, an NGO, estimates that cocoa farmers receive around 6 per cent of the final value of a chocolate bar.”
https://www.ft.com/content/99958fff-8f69-42ca-b90b-5e2e2677845b
Frank Pasquale /
npub19f…zglys
2024-04-04 13:49:59
Author Public Key
npub19ftlgt0nkkecezua58g5l6v7a8zne7g48krwmgya98llegf3gytqwzglysPublished at
2024-04-04 13:49:59Event JSON
{
"id": "727eadad3f17917efa7f245caf85f407d4f2d1774d3aa534dc82f21fa6725614",
"pubkey": "2a57f42df3b5b38c8b9da1d14fe99ee9c53cf9153d86eda09d29fffca1314116",
"created_at": 1712238599,
"kind": 1,
"tags": [
[
"proxy",
"https://mastodon.social/users/FrankPasquale/statuses/112213268832984924",
"activitypub"
]
],
"content": "“Ghana and Ivory Coast still dominate global cocoa production, but it has not made their economies rich. Prior to a recent surge in cocoa prices, for decades the raw commodity was exported for dismally low prices. The real money is made further down the chain. The Fairtrade Foundation, an NGO, estimates that cocoa farmers receive around 6 per cent of the final value of a chocolate bar.”\nhttps://www.ft.com/content/99958fff-8f69-42ca-b90b-5e2e2677845b",
"sig": "b18ee6c6d58d43bf2ac35f880b702208784cdcd065caf585931039d55d9df0b755d60a6a740797dff49c17fe5e0b14ac0a5c28ce2048ce74c86e7a09df4d97cb"
}