Posted on 10/13/2014 10:24:00 AM PDT by Red Badger
Ebola is threatening much of the worlds chocolate supply.
Ivory Coast, the worlds largest producer of cacao, the raw ingredient in M&Ms, Butterfingers and Snickers Bars, has shut down its borders with Liberia and Guinea, putting a major crimp on the workforce needed to pick the beans that end up in chocolate bars and other treats just as the harvest season begins. The West African nation of about 20 million also known as Côte DIvoire has yet to experience a single case of Ebola, but the outbreak already could raise prices.
The worlds chocolate makers have taken notice.
The World Cocoa Foundation is working now to collect large donations from Nestlé, Mars and many of its 113 other members for its Coca Industry Response to Ebola Initiative. The initiative hasnt been publicly unveiled, but the WCF plans to announce details Wednesday, during its annual meeting in Copenhagen, Denmark, on how the money will fuel Red Cross and Caritas Internationalis work to help the infected and staunch Ebolas spread.
Morristown, N.J.-based Transmar Group, an international cocoa supplier, already has pledged $100,000, and Mars has indicated its support, too.
As a member of the WCF and a supporter of the CocoaAction strategy, Mars is pleased to see the industry coming together to help organizations on the ground in the prevention and eradication of the Ebola virus, the company said in a statement provided to POLITICO. We look forward to the WCF partnership meeting in Copenhagen next week where we will learn more about the industry effort.
Ivory Coast, which produces about 1.6 million metric tons of cacao beans per year roughly 33 percent of the worlds total, according to data from the United Nations Food and Agriculture Organization closed its borders in August to Guinea and Liberia. More than 8,000 have been diagnosed with Ebola, and nearly 4,000 have died in those two countries and Sierra Leone. Next to Ivory Coast is Ghana, the worlds third-largest producer of cacao beans 879,348 metric tons per year or 15 percent of the worlds total.
Tim McCoy, a senior adviser for the WCF, said signs that Ivory Coast residents already are concerned were immediately obvious during his last trip to the country in September.
Going into meetings where you always shake hands and often times, with men and women, you do the cheek kiss thing They werent doing that, McCoy said.
The market is worried, too. Prices on cocoa futures jumped from their normal trading range of $2,000 to $2,700 per ton, to as high as $3,400 in September over concerns about the spread of Ebola to Côte DIvoire, noted Jack Scoville, an analyst and vice president at the Chicago-based Price Futures Group. Since then, prices have yo-yoed down to $3,030 and then back to $3,155 in the past couple of weeks.
And what would we call this miracle product?
Chocahol?
[ And what would we call this miracle product?
Chocahol? ]
Ah, corn that makes alcohol and chocolate....
Turn you white lighting into Chocolate liqueur
Yeah, that pretty much sums it up (though our really poor people contribute nothing).
They still use actual chocolate in those candy bars? Couldn’t prove it by my taste buds....
I don’t need chocolate, nor do I need any coffee grown in Africa.
Gemstones might tempt me, but they can be sterilized.
It's mountain grown!..................
You’re missing out. Ethiopian and Tanzanian coffees are my favorites.
I’d keep an eye on the news
outbreaks expected in Tanzania:
http://www.monitor.co.ug/News/World/Tanzania-at-high-risk-of-Ebola-outbreak/-/688340/2453818/-/dmbrkn/-/index.html
:) Colombian works for me.
I’m confident Ebola can’t survive the roasting and brewing process, and that it won’t lurk in coffee beans regardless.
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