Chocolate bean futures
1. C? te d 'Ivoire is the largest producer of cocoa beans in the world, with an output of over 2 million tons. In fact, Ivorians depend on cocoa exports for 40% of their export income, which means that their national economy is highly dependent on cocoa prices. Located in the tropical zone of West Africa, the country has a population of more than 26 million, of which it is estimated that 6 million people are engaged in cocoa production. Cocoa growers in C? te d 'Ivoire can only earn 97 cents a day on average, far below the World Bank's poverty line of $65,438+$0.90 a day. 2. Ghana The Republic of Ghana is a neighboring country of eastern C? te d 'Ivoire and the second largest cocoa exporter. The country's cocoa production accounts for 30% of its export income. About 800,000 Ghanaian farmers are directly involved in cocoa cultivation. As in C? te d 'Ivoire, child labor is common in cocoa production. Another worry is the depletion of Ghana's forests. From 20 10 to 20 15, more than 654.38+million hectares of forest were cut down for cocoa cultivation. 3. Indonesia is the only one of the top five cocoa producing countries that is not in Africa, but in Southeast Asia. Cocoa cultivation is a relatively new industry in Indonesia. In fact, the country did not produce any cocoa until the1980s. By 2009, the country's cocoa production reached a peak of 849,875 tons. However, in 20 10, the output dropped sharply, and in 20 15, it dropped to only 400,000. Then it will rise to 659776 in 2020. The decline is attributed to government policies, aging cocoa trees and high cadmium content in Indonesian cocoa. 4. Nigeria, located in two countries east of Ghana and C? te d 'Ivoire, is the fourth largest cocoa producer in the world. Although the country produces more than 300,000 tons of cocoa, for various reasons, Nigerians have not made full use of this cash crop. First of all, many cocoa trees in Nigeria are very old, and the people who grow them are also very old. Secondly, the farming methods used by many farmers in this country are out of date. Finally, in the process of planting cocoa beans, chemicals are used improperly. Nigerians also do not use cocoa to produce products other than chocolate, such as cocoa butter, cocoa powder and cocoa liquor. In fact, it is estimated that if the trend of cocoa production in Nigeria does not change, cocoa cultivation in that country will stop within 20 years. 5. Cameroon, the fifth largest cocoa producer in the world, is Nigeria's eastern neighbor. Today, 37% of Cameroon's arable land is used to grow cocoa. Planting can be the main source of income for the vast majority of rural population in this country. However, the sustainability of cocoa cultivation in this country is questionable, because most cocoa farms in this country are old and not properly maintained.