Cocoa

Joe Bavier, Reuters Africa business correspondent based in Johannesburg, shares his extensive insights on the cocoa market. He highlights the challenges faced by cocoa farmers in West Africa, including climate change and illegal mining. The discussion delves into how these factors lead to rising prices while farmers struggle in poverty. Bavier also explores the dynamics of cocoa production, contrasting West African smallholders with Latin American plantations, and the evolving market trends impacting futures pricing.