Not surprising really. Cocoa is under-valued at source. Like coffee, cocoa farmers receive a tiny fraction of the retail proceeds, but coffee farming has over the last century become far more wide-spread and intensive. This article suggests that weather conditions and plant disease are factors that have contributed to a 60% rise in cocoa prices, which may be true but unlike coffee, the climatic conditions needed to produce cocoa exist in very few locations and yet how much of that 60% flowed through to the farmers? I can't say for sure, but based on research I undertook a few years ago I suspect somewhere around "zero".
Not surprising really. Cocoa is under-valued at source. Like coffee, cocoa farmers receive a tiny fraction of the retail proceeds, but coffee farming has over the last century become far more wide-spread and intensive. This article suggests that weather conditions and plant disease are factors that have contributed to a 60% rise in cocoa prices, which may be true but unlike coffee, the climatic conditions needed to produce cocoa exist in very few locations and yet how much of that 60% flowed through to the farmers? I can't say for sure, but based on research I undertook a few years ago I suspect somewhere around "zero".