Quick Answer: How Much Money Does A Cocoa Farmer Make?

What type of soil does cocoa grow in?

What kind of soil is best.

Cacao needs soil that is nutrient-rich, retains water well and has good drainage.

Soils that consist of large, coarse particles are ideal as they leave free space for the roots to grow..

How much does a cocoa farmer earn a year?

“A cocoa farmer in Ivory Coast earns 50¢ a day, compared to a cocoa manufacturer making $390 million a year in profit. Women get paid far less,” spokeswoman Kelly Dent says.

Why are cocoa farmers paid so little?

The consequences of price volatility, together with increasing production costs, are economic insecurity and impoverishment for millions of cocoa farmers. … With limited income and lack of information on market developments, the cocoa farmers and their families are the losers in a lucrative cocoa and chocolate industry.

How much money does a cocoa farmer get per chocolate bar?

On average, cocoa farmers earn just 6% of the final value a bar of chocolate.

Where can I sell my cocoa?

Go to sites such as eBay and ECPlaza and create an account to list your cocoa beans. Many distributors use websites such as these to sell their products, and many sell items such as cocoa beans to manufacturers that need them. Enter “Cocoa beans” in the search box to get an idea of the buyers in your market.

How much does a fair trade farmer get paid?

Wages for coffee labourers on Fairtrade-certified farms ranged from US$1.5 to US$2.1 per day on farms that also provided meals, and US$1.8 to US$2.5 on those that did not. Some farmers said they had increased wages to meet national minimum wage standards but none mentioned doing so to meet Fairtrade Standards.

Why do cocoa farmers use child Labour?

On average, cocoa farmers earn less than $2 per day, an income below the poverty line. As a result, they often resort to the use of child labor to keep their prices competitive. The children of Western Africa are surrounded by intense poverty, and most begin working at a young age to help support their families.

How cocoa is planted?

Instead, you should always plant in rows. First mark the rows for the cocoa trees, leaving about 2.5 to 3 metres between rows. Along each row, mark out with pegs the spots where the cocoa trees are to go. Leave about 2.5 to 3 metres between trees. In this way you can plant about 1 000 to 1 600 seedlings per hectare.

Is growing cocoa beans profitable?

Despite cocoa being a lucrative – and growing – industry, many cocoa producers live in poverty. … Unfortunately this means most cocoa farmers see only a fraction of the total income earned from cocoa beans and the resulting products. That’s one reason LWR works to support smallholder cocoa farmers.

How many years will cacao bear fruits?

“Cocoa is the only kind of tree that will bear fruit 24 months from planting. Coconuts and fruit trees take seven years to bear fruit,” he says.

How much is cocoa per acre?

Commercial cocoa bean crop yields may vary from under 100 to over 3,000 kg per hectare (110 to 2,700 pounds per acre), with the world average being between 340 and 450 kg per hectare (300 and 400 pounds per acre).

Where is the best cocoa grown?

70% of the world’s cocoa beans come from four West African countries: Ivory Coast, Ghana, Nigeria and Cameroon. The Ivory Coast and Ghana are by far the two largest producers of cocoa: together they cultivate more than half of the world´s cocoa.

How many pounds does a cocoa tree produce?

Each tree produces approximately 30 pods a year. Each pod contains roughly 40 cocoa beans. It takes approximately 500 beans to make 1 pound of chocolate, so therefore each tree produces about 2 pounds of chocolate a year.

How do I start a cocoa farm?

How to start cocoa farming in NigeriaPick the right location for your plantation. Before you do anything else, you need to find a suitable piece of land that will allow your cocoa plantation to flourish. … Prepare the soil for planting. … Decide which type of tree you are going to grow. … Start your plantation when the conditions are perfect for it.

How much are cocoa beans worth?

Between 2016 and 2019, the monthly price of cocoa worldwide peaked in mid-2016 at about 3,122 U.S. dollars per metric ton and has since declined to around 2,134 U.S. dollars per metric ton as of October 2018. Global cocoa production is expected to reach 4.59 million tons in the 2017/2018 crop year.

How many years does Cocoa take to grow?

With proper care, most cocoa trees yield pods by the fourth or fifth year and can continue for another 30 years. A typical pod contains 30 to 40 beans and there are about 30 pods per tree; approximately 400 dried beans are required to make one pound of cocoa.

What country eats most chocolate?

SwitzerlandSwitzerland was the leading country in chocolate consumption per capita in 2017, with citizens eating nearly nine kilos of the sweet stuff in that year.

How can we help cocoa farmers?

Better cocoa production practices are needed to ensure that cocoa farming is a viable option also for the next generation of growers, including young women. We address this in two ways: by training farmers, and by paying a farmer premium.