
I was forwarded the article below from Martin Wolf, reporter for the Financial Times. He raises some interesting points on the causes of high food prices and strategies to address this problem, including humanitarian; trade and other policy interventions; and longer-term productivity and production. As he indicates, increased spending on research will be essential in the long term to tackle issues of food insecurity.
In the article, Wolf mentions the 37 countries in “substantial need” of food assistance, according the FAO. Several of these are cocoa producing countries such as Ghana, Cote I’Ivoire, Ecuador, Vietnam. In these countries, cash crops such as cocoa play an important role of providing income to millions of small scale family farmers. New technologies for both food and cash crops can enhance farm-level productivity, enabling farmers to earn more, support their families’ educational and health needs, and invest in the future.
Every year, more than 5 million family farms in countries like Cote d'Ivoire (Ivory Coast), Cameroon, Vietnam and Brazil produce about 3 million tons of cocoa beans.
In addition to its use as food, cocoa is also made into soaps, and cosmetics.
- Number of cocoa farmers, worldwide: 5-6 million
- Number of people who depend upon cocoa for their livelihood, worldwide: 40-50 million
- Annual cocoa production, worldwide: 3 million tons
- Annual increase in demand for cocoa: 3 percent per year, for the past 100 years
- Current global market value of annual cocoa crop: $5.1 billion
- Cocoa growing regions: Africa, Asia, Central America, South America (all within 20 degrees of the equator)
- Percentage of cocoa that comes from West Africa: 70 percent
- Length of time required for a cocoa tree to produce its first beans (pods): five years
- Duration of “peak growing period” for the average cocoa tree: 10 years




