In 2022, coca farming in Colombia grew by nearly 13%. A new record of 230,000 hectares was set, says a UN report. Before, in 2021, 204,000 hectares were under cultivation. That was a 43% rise from 2020. Even if the growth rate slowed, it’s still the highest since the UN began tracking in 2001. Cocaine […]
Related Posts
Mexico is the world’s most popular destination for expats according to InterNations survey
In a recent survey conducted by InterNations, a provider of online services for individuals residing and working abroad, Mexico has emerged as a popular choice for foreigners. The survey encompassed the opinions of over 12,000 individuals from around the world. Expatriates residing in Mexico, which has consistently held a position in the top five destinations […]
Brazil’s Cocoa Industry Faces Early 2024 Significant Challenges
In the first three months of 2024, Brazil’s cocoa industry encountered significant setbacks, noting a 31% decrease in cocoa bean receipts. This information comes from data gathered by SindiDados – Campos Consultores and publicized by the National Association of Cocoa Processing Industries (AIPC). The total dropped from 27.2 thousand tons in early 2023 to just […]
Cocoa Surpasses Copper in Price for the First Time in Twenty Years
World Cocoa prices soared past $9,000 per ton for the first time in two decades, surpassing copper prices. The jump stems from a supply pinch as demand from chocolate makers rises. They scramble for cocoa beans. Cocoa futures jumped 50% this month, and the price has more than doubled this year. West Africa, the top […]