Higher Cocoa Prices Crucial to Easing Farm Poverty, Report Says


This article originally appeared in Bloomberg, on

Higher prices, rather than bigger crops, are crucial to help lift cocoa farmers out of poverty as inflation spirals, according to a report from non-governmental organizations.

Pressure has been mounting to tackle child labor on cocoa farms and ensure growers earn a living income. That’s spurred cocoa companies to launch sustainability programs aimed at boosting production in West Africa, where the bulk of the world’s output is...