What 17,000 cacao seedlings tell us: Dak Lak's "control the upstream" confectionery sourcing
Cacao beans, the raw material for chocolate, come about 70% of world supply from just two countries, Cote d'Ivoire and Ghana. With those two major producing regions cutting output due to erratic weather and disease, international cacao prices have stayed stuck in a historically high range. At a moment when procurement managers are unanimous in saying they "want to diversify growing regions,"...
