Cocoa prices could potentially soar past $10,000 per tonne, according to warnings from the COCEFAAA. This projected spike follows a concerning trend where investment is being diverted away from traditional farming and toward lab-grown cocoa.
As reported by Food Business Africa, this shift in funding has left many farmers facing a significant investment shortfall. There are growing fears that the neglect of traditional farms will lead to falling yields and create severe long-term risks for the global supply chain.
