How Much Money Do Cocoa Farmers Make?

Many cocoa farmers earn less than $1/day . Farmers are often unable to bear the costs of cocoa farming, turning instead to child labour.

How profitable is cacao farming?

But not enough of that money is reaching farmers. ... A recent survey by Fairtrade International found that the average household income of cocoa farmers in West Africa is $2707/year , which is only about a third of what would be considered a livable income.

Are cocoa farmers rich?

Many cocoa farmers earn less than $1/day . Farmers are often unable to bear the costs of cocoa farming, turning instead to child labour.

How much do cocoa farmers get paid with Fairtrade?

When selling on Fairtrade terms, farmers will receive the market price and Premium of $200 a tonne on top, increasing to $240 a tonne from October 2019 due to the Fairtrade Price review.

Why are cocoa farmers paid so little?

Farmers are often unable to bear the costs of cocoa farming as a result of low incomes. In turn, they employ children, who miss out on education, are exposed to hazardous working conditions, and get paid little or no wages. The extent of cheap and child labour in Chana and Côte d’Ivoire.

How many chocolate bars does 1 kg of cocoa make?

The beans from an average pod weigh less than two ounces. Approximately 400 beans are required to make one pound of chocolate. The cacao tree is so fragile and its roots are so shallow that it is unsafe for workers to climb the trunk to reach pods on the higher boughs.

Who is the largest cocoa producer in the world?

The Ivory Coast and Ghana are by far the two largest producers of cocoa, accounting for more than 50 percent of the world ́s cocoa. In 2016, the Ivory Coast alone produced approximately 1.6 million metric tons of cocoa beans.

How much do cocoa farmers earn per day?

Cocoa farmers in Ghana make $1/day , while those in Côte d’Ivoire make around $0.78/day—both significantly below the extreme poverty line.

Is Cadbury Fair Trade 2020?

Cadbury chocolate products will no longer carry the Fairtrade logo starting next year , as part of a growing trend for businesses to take their ethical production standards in house.

What problems do cocoa farmers face?

The main challenges we face today are low prices and very low farmer income , which contributes to other challenges, like deforestation and child labor.

What is the current price of cocoa?

How much money do Fairtrade farmers get?

The amount can vary depending on the commodity. An analysis using information from TransFair shows that cocoa farmers get 3 cents of the $3.49 spent on a 3.5-ounce chocolate bar labeled “organic fair trade” sold at Target. Farmers receive 24 cents for a one-pound bag of fair trade sugar sold at Whole Foods for $3.79.

How much does a typical farmer get per day?

Work. Farmers earned an average $33.66 per hour or $70,010 per year as of May 2011, according to the Bureau of Labor Statistics. Compensation could sink below $15.38 per hour or $31,980 per year, or rise above $53.92 per hour or $112,150 per year.

How much is a kilo of cocoa beans?

What war paid soldiers in chocolate?

During the Revolutionary War , chocolate, a favorite treat of George Washington, became part of his soldier’s rations. It was prized for its combined kick of caffeine and sugar; it even served as occasional payment to American troops in lieu of money.

What is the difference between cacao and cocoa?

So what’s the difference? The answer is in the heat . Cocoa powder and cacao powder are very similar, the only difference being that cocoa is processed at a much higher temperature (and often packaged cocoa contains added sugar and dairy). ... So, cacao powder is made from fermented beans that have not been roasted.