Brazil’s Dreams for Industrial-Scale Cocoa Farms Fading

Cocoa farmers in Brazil have slammed the brakes on new planting projects following a 70% plunge in cocoa prices from their 2024 record high, stalling growth that investors had expected would make the country a ​major supplier of the main ingredient in chocolate. The planned farms would ⁠have provided an alternative to the main growing region in West Africa. Read more here.