Kottayam: Farmers have been dismayed when the worth of cocoa beans, which had crossed the 1000 mark, instantly fell to 620. At a time when the chocolate market itself is in disaster because of the cocoa scarcity, the worth of cocoa has elevated day-to-day. However all the identical the worth goes down now. Green Coco Kuru, which was as excessive as 340, has now come all the way down to 200.
Cocoa demand elevated however farmers in Idukki and different locations didn’t have a lot inventory. The farmers on this area are humbled by the character of promoting the products on the proper time. However they noticed the worth enhance with hope. It additionally grew to become an incentive for extra folks to show to agriculture. However this hope didn’t final lengthy. With the arrival of the wet season, farmers have been occupied with planting cocoa as an intercrop with rubber. However now the worth uncertainty is complicated the farmers.
It’s identified that costs have been affected by fluctuations in exports. Attributable to scarcity of cocoa, ample load was not accessible for export. So the worth went up. However it’s estimated that the worth would have come down after getting the required load. In any case, those that have been ready to show to cocoa farming in the meanwhile are of the place that this isn’t the best way to go.
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