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Ivory Coast conflict ends cocoa exports from world's largest producer
Canoe Money ^ | November 9, 2004 | AP Staff

Posted on 11/09/2004 8:20:52 PM PST by Squawk 8888

ABUJA, Nigeria (AP) - Deadly violence in Ivory Coast has shut down cocoa exports in the world's largest producer, closing ports that ship more than 40 per cent of the world's raw material for chocolate, cocoa traders said Tuesday.

Clashes that have pitted Ivory Coast's government and supporters against French forces come at the peak of Ivory Coast's harvest, last year at a record of 1.4 million tons.

Violence has closed the country's two main ports, in Abidjan and San Pedro, since Saturday afternoon, traders and other officials said, speaking on condition of anonymity. Cocoa buyers are not venturing out to buy, they said.


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: mmmchocolate
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Not the chocolate supply!
1 posted on 11/09/2004 8:20:53 PM PST by Squawk 8888
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To: Squawk 8888

No blood for cocoa


2 posted on 11/09/2004 8:22:15 PM PST by Drango (NPR- When government funds a "news" outlet that has a bias...it's no longer news...it's propaganda.)
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To: Squawk 8888; netmilsmom

O_O Aarrrrrgggghhhh!!!


3 posted on 11/09/2004 8:22:56 PM PST by 4mycountry
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To: Squawk 8888

Chirac lied -- bon bons died.


4 posted on 11/09/2004 8:23:14 PM PST by speedy
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To: Squawk 8888

Much, if not most, of the Ivory Coast's cocoa beans are harvested with slave labor. The mills of God's justice grind very fine.


5 posted on 11/09/2004 8:24:36 PM PST by Guyin4Os (My name says Guyin40s but now I have an exotic, daring, new nickname..... Guyin50s)
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To: Squawk 8888

God help the husbands of menstrual women!


6 posted on 11/09/2004 8:24:41 PM PST by bikepacker67 ("This is the best election night in history." -- DNC chairman Terry McAuliffe 11/2/04 8pm)
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To: Squawk 8888

should I start hoarding chocolate?


7 posted on 11/09/2004 8:24:45 PM PST by smonk
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To: Squawk 8888

I find it disturbing that 40% of cocoa comes from a nation that barely has a government. Sounds ripe for a US colonial takeover to me. We must protect the chocolate supply!


8 posted on 11/09/2004 8:26:55 PM PST by July 4th (A vacant lot cancelled out my vote for Bush.)
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To: Squawk 8888

Chirac lied and good cocoa died!

Le quagmire!!!


9 posted on 11/09/2004 8:27:11 PM PST by Malleus Dei ("Communists are just Democrats in a hurry.")
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To: Squawk 8888

Luckily, I have a car with 34 MPG, but I CANNOT take the rationing of chocolate!


10 posted on 11/09/2004 8:27:17 PM PST by eagle11 (Conservatives are Red, Liberals are Blue.....let's come together so we can....?)
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To: Squawk 8888
If I remember correctly, M&M/Mars has exclusive contracts to buy all of its cocoa products from the Ivory Coast.

Their Cocoapro process (see www.cocoapro.com) provides the only way to preserve the range of antioxidants otherwise largely destroyed in normal processing.

That's too bad, as Dove dark chocolate will be affected, along with their new cholesterol-lowering chocolate product.

FYI for all you chocoholics!
11 posted on 11/09/2004 8:27:52 PM PST by ScottM1968
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To: Squawk 8888
More than 40% of the world's chocolate source?!

I don't care about the cocaine or heroin sources! Shot all the drug traders, but save the cocoa dealers!

Aarghh! I'm having withdrawal symptoms......(thud!)

12 posted on 11/09/2004 8:29:28 PM PST by xJones
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To: Squawk 8888

What are the cocoa futures looking like now? I hope the US has plenty in reserves.


13 posted on 11/09/2004 8:30:27 PM PST by bahblahbah
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To: Squawk 8888

GEEEEEEZ...a LOT of women out there are going to be VERY edgy....be on the lookout for a new PMS fix!


14 posted on 11/09/2004 8:30:54 PM PST by Smarti Pants (~never forget~)
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To: Squawk 8888

The price of chocolate is rising! Women approaching their cycles dates, better stock up now!


15 posted on 11/09/2004 8:34:01 PM PST by Righter-than-Rush
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To: ScottM1968
Uh-oh: and a couple of days ago, a tanker swerved to avoid a deer on the highway (I forget where), spilling some 40,000+/- gallons of chocolate on the highway.

Coincidence? I think not!

16 posted on 11/09/2004 8:34:22 PM PST by alancarp (When does it cease to be "Freedom of the Press" and become outright SEDITION?)
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To: Squawk 8888
Not the chocolate supply!

ACK!!! ...No Chocolate? Let the hoarding Begin! :))

17 posted on 11/09/2004 8:36:47 PM PST by skinkinthegrass (Just because you're paranoid, doesn't mean they aren't out to get you :)
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To: Squawk 8888

Sounds like cocoa futures (and chocolate prices) are going to go up :)


18 posted on 11/09/2004 8:39:34 PM PST by Centurion2000 (Truth, Justice and the Texan Way)
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To: Squawk 8888

Oh, no! What about my M&Ms and Hershey's Kisses? :-(


19 posted on 11/09/2004 8:44:01 PM PST by BlessedBeGod (George W. Bush -- The Terror of the Terrorists)
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To: Squawk 8888

Stock up on your Nestle's Quik and Hot Chocolate NOW!!!


20 posted on 11/09/2004 8:47:37 PM PST by NotJustAnotherPrettyFace (Michael <a href = "http://www.michaelmoore.com/" title="Miserable Failure">"Miserable Failure"</a>)
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