Cocoa bean growing countries such as Ghana and Ivory Coast are recording significantly lower yields. Prices for the raw material have risen sharply in recent years.
Chocolate manufacturers such as Mondelez, Hershey and Lindt & Sprüngli are noticing this. Ghana now wants to pay farmers higher purchase prices - and thus also curb the smuggling of the raw Material. The fixed farm gate price for growers should be increased by up to 50 percent, said a spokesman for the Ghanaian cocoa marketing authority Cocobod.