Brazil’s Industrial Cocoa Farming Dream Weakens After Global Price Crash
Brazil’s plan to develop large industrial-scale cocoa farms is losing momentum after global cocoa prices collapsed sharply from their recent highs. Prices, which surged above $11,000 per tonne in 2024, have now dropped to around $3,000 per tonne, making many large farming projects financially risky. Investors had planned to expand cocoa cultivation across Brazil’s northeast […]
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