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Ecuador Farmers Cash in on Surging Cocoa Prices
28 Articles
28 Articles
China is one of Ecuador’s main trading partners. Of the five main non-oil export destinations, the Asian country ranks third, before being the United States and the European Union, in their order.
Miracle, Ecuador. Coveted in the world by a crisis in supply, cocoa beans are worth gold to Ecuador's economy: they gain ground in the face of bananas and mining in exports, and their producers are the new rich in the countryside.On the Pacific coast of Ecuador, life took a turn for the farmers who filled their land with trees of this fruit in the form of maroon and garnet color. The price of grain marks records in the international market in th…
Ecuador farmers cash in on surging cocoa prices
In Ecuador, farmers who bet on cocoa beans rather than bananas, the country's top agricultural export, are cashing in as a global shortage of the main ingredient in chocolate feeds a price bonanza. Cocoa is now a billion-dollar business in the Andean country, rivalling gold, copper and silver as well as the ubiquitous banana.
Better Than Gold: How Ecuador Cashed In On Surging Cocoa Prices
In Ecuador, farmers who bet on cocoa beans rather than bananas, the country's top agricultural export, are cashing in as a global shortage of the main ingredient in chocolate feeds a price bonanza.
Coveted in the world by a crisis in supply, cocoa beans are worth gold to Ecuador’s economy: they gain ground in the face of bananas and mining in exports, and their producers are the new rich in the countryside. AFP On the Pacific coast of Ecuador, life took a turn for farmers who filled their land with trees of this fruit in the form of maroon and garnet color. The price of grain marks records in the international market in the face of drought…
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