date:May 30, 2014
farmers to stick with cocoa while other crops pay more.
Cocoa farmers are becoming more aware of the bad deal theyre getting on the cocoa value chain, said Edward George, head of soft commodities research at Lome, Togo-based lender Ecobank Group. It takes something quite dramatic to get a farmer who has been cultivating cocoa his entire life to tear up his cocoa plantation and switch to rubber. But you can see a trend is under way.
Worldwide cocoa demand will outpace production again in the n