As you may or may not know, the majority of the world's cocoa supply comes from West Africa. Currently, cultivating cocoa beans just isn't worth it to the average West African farmer. (
source,
source)
Tending to cocoa trees is insanely time-consuming (it takes up to five years to grow a new crop), and everything has to be done by hand in scorching heat. The average cocoa farmer earns about 80 cents a day. In fewer than 20 years, chocolate might become an expensive rarity, like caviar.
Cocoa beans can be produced outside West Africa, but only within 10 degrees of the equator. Cocoa beans are currently being produced in South America, the Caribbean and Asia.
However, according the source I linked to above, it says it looks doubtful that those areas will be able to satisfy increased demand, "given the speed with which consumption is growing, with new markets like India and China coming along behind and following Western tastes".
The only way to keep chocolate cheap is to remove cocoa butter from it, just like Hershey's did a few years back. The removal of cocoa butter violates the FDA's definition of milk chocolate, so changes have appeared on the labels of the Hershey�??s products with altered ingredients. Candy that used to be labeled �??milk chocolate�?� now say �??chocolate candy,�?� �??made with chocolate�?� or �??chocolatey.�?� (
source)
Anyone else thinking of stocking up on an incredibly large quantity of candy, eating some of it and then selling the rest for insanely high prices?
« Last edited by Wizmo Gizmo on Mar 13th 2011 »