Brazilian farmers cultivate cocoa for the first time due to West Africa's declining production, partnering with agribusiness giants.
In Brazil's arid grasslands, farmers are cultivating cocoa for the first time due to West Africa's declining production. Agribusiness giant Cargill Inc. partners with Schmidt Agricola to plant 400 hectares of cocoa near Barreiras, while Barry Callebaut AG and a tech partner plan to develop 5,000 hectares of cocoa plantations. Independent growers and corporate giants are attracted by the potential profit.
May 12, 2024
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