{"id":5078,"date":"2024-05-29T04:21:47","date_gmt":"2024-05-29T02:21:47","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=5078"},"modified":"2024-05-29T04:21:47","modified_gmt":"2024-05-29T02:21:47","slug":"unfairness-inequity","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=5078","title":{"rendered":"Unfairness &amp; inequity"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">the majority of cocoa farmers are running their business at a loss because prices paid to them by chocolate companies are low, head of Ghana cocoa marketing company says<\/p>\n<p>&#8220;Industry and producers need to come together and say that cocoa needs to be de-commoditized. Minimum pricing for physical cocoa should be nothing less than $4,000 to $5,000. [&#8230;] The fundamental thing is the economic sustainability of the farmer,&#8221; <\/p>\n<p>Fuad Abubakar Mohammed told <\/p>\n<p>As for another way to improve cocoa farmers&#8217; economic condition, another Sputnik Africa&#8217;s interlocutor &#8211; a cocoa farmer, networking coordinator for Cocoa Farmers Cooperative Association of Ghana, Issifu Issaka, welcomed the Cote d&#8217;Ivoire-Ghana cocoa initiative.<\/p>\n<p>In 2018, the presidents of the two countries, which jointly about 60% of global cocoa production, established a cocoa cartel to raise cocoa prices with a view to help increase payments to farmers.<\/p>\n<p>It is also planned to create Africa regional standards, Africa commodity exchange, which will allow to determine the price of cocoa within the continent&#8217;s market &#8220;not at the New York exchange or the London exchange where cocoa is not produced but they have the powers to determine the price of cocoa,&#8221; Issaka added.<\/p>\n<p>In addition, he noted that climate change has a major negative impact on cocoa farming, therefore &#8220;farmers should receive climate change adaptation practices.&#8221;<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>the majority of cocoa farmers are running their business at a loss because prices paid to them by chocolate companies are low, head of Ghana cocoa marketing company says &#8220;Industry and producers need to come together and say that cocoa needs to be de-commoditized. Minimum pricing for physical cocoa should be nothing less than $4,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-5078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/5078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5078"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/5078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/5079"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}