The Americas | Cuckoo for cocoa’s price

Latin America’s farmers are cashing in on hot hot-cocoa prices

They aim to spend the windfall improving their technology to expand production

A worker loads harvested cacao pods into a machine to remove husks at a farm in Brazil.
Photograph: Getty Images

The latest El Niño weather cycle has ended. Latin America’s farmers are assessing the damage. It is mostly bad news. Many places flooded, while others suffered extreme heat and drought. Harvests of most staples have been meagre. Falling prices have added insult to injury, eroding farmers’ profits.

This article appeared in the The Americas section of the print edition under the headline “Choc-a-bloc”

From the May 4th 2024 edition

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