Cocoa Prices Reached All-Time Highs. What Does This Mean For Our Chocolate? | Big Business

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Business Insider

Business Insider

Күн бұрын

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@kaishmuper
@kaishmuper Ай бұрын
"we make enough chocolate in four days to equal the weight of the statue of liberty" americans will measure with anything but the metric system
@jermainec2462
@jermainec2462 Ай бұрын
You will be ok ...
@jermainec2462
@jermainec2462 Ай бұрын
@@anomonyous and of course you didn't understand none of the sarcasm in this statement ... So carry on ...
@BH-yk5cn
@BH-yk5cn Ай бұрын
the Metric system is what holds the rest of the world back. You need proof I made it the F up.
@novelnouvel
@novelnouvel Ай бұрын
good grief, if they also measure the people that enter the statue, the weight will be double.
@ziaurrehman4430
@ziaurrehman4430 Ай бұрын
I started the video and just after i heard this sentence i was like okkkkkkay lets check the comments ! lol
@ButacuPpucatuB
@ButacuPpucatuB Ай бұрын
My heart breaks for farmers like Janet. How horrible for her to wake up one morning to find her farm invaded… for gold. Chocolate is gold too!
@GoodBaleadaMusic
@GoodBaleadaMusic Ай бұрын
Not when it leaves the country raw. Then its stolen gold. Janet should be richer than you. But your military killed her president when they tried.
@raphg6319
@raphg6319 Ай бұрын
your ass is a goldmine too
@RoyalTeaLegion
@RoyalTeaLegion Ай бұрын
You gonna do something about it? Feeling sorry for someone else it's one thing. Vs doing something about it.
@RoyalTeaLegion
@RoyalTeaLegion Ай бұрын
Your sympathy it's as empty as my wallet. Go change the system if you're really felt awful about it. 😇
@GoodBaleadaMusic
@GoodBaleadaMusic Ай бұрын
@@RoyalTeaLegion I have higher ideology than you./ Thats why you're emotional, I caught you Human-gazing, So Yeah I moved to Honduras and now I send all my money there while sucking money from Canada. I also work very hard in Honduras and Yemen to develop secondary processing of primary resources. My goal is to force The West to learn how to feed itself. I would like for you and your people to be self sufficient once day. One day you'll stop being settlers. One day your passports will innocent.
@purpleldv966
@purpleldv966 Ай бұрын
The thing that annoys me the most, are low quality chocolate products, that many times end up not consumed but thrown away... It's good cocoa wasted, when it could have been used in a better product and consumed entirely!
@Phoca_Vitulina
@Phoca_Vitulina Ай бұрын
exactly! it's such a shame :(
@RayBarK1
@RayBarK1 Ай бұрын
It could have been treated with neem oil, these people are uneducated and the rich suffer. Good
@KittyQatah
@KittyQatah Ай бұрын
It's capitalism, overproduction of the most lucrative products, which means products becoming worse and worse in quality. And getting people used to it being worse and worse. And then ending up destroying the planet and creating exploitation across the world. The problem is that this is technically false luxury of over abundance that first world Nations live in is not sustainable. Not to say that there shouldn't be the ability to have the things that people need and want and luxury. It's just that all that waste should not exist and needs to be stopped. We need to change capitalism, we need to change the profit incentive. If we don't, I think people don't know how bad it's going to get. If it's not the planet getting destroyed first in our era, It's probably going to get to be the quality of life getting worse and worse with abundance shit stuff, and third world countries getting worse and worse economical situations causing more immigration causing more crisis.
@ranjeetsohanpal752
@ranjeetsohanpal752 28 күн бұрын
Yes, those chocolates with 1% cocoa and 30% sugar are just a waste
@wioi
@wioi 27 күн бұрын
Like the comment before mine already stated is absolutely correct. These cheap products only have very little real chocolate inside of them
@nutube6291
@nutube6291 Ай бұрын
What I have noticed is that the chocolate bars are getting sweeter day-by-day. This could be due to more sugar and less cocoa. Also, for the same price the bar size/weight has decreased. I prefer spending more on the chocolate than eating more sugar or chocolate analogs. The issue of cocoa shortage is just going to get worse, btw. Brace for the impact.
@turkin73k
@turkin73k Ай бұрын
Sweeter for the Sugar Tax so the government to charge more.
@Patrick-y4d1z
@Patrick-y4d1z Ай бұрын
@@turkin73k It was already hit by sugar taxes. Adding more sugar doesn't change that.
@HemanthGorijala1
@HemanthGorijala1 Ай бұрын
😅🎉😂😊😊😮😢😊54🎉​@Patrick-y4d1z 😢5
@goliytors
@goliytors Ай бұрын
hm I think there are already companies that make quality chocolate, if you live in the US, I don't see how you can complain, you have plenty of variety there
@nutube6291
@nutube6291 Ай бұрын
@@goliytors I think you live in the US and also missing the point
@Sjalabais
@Sjalabais Ай бұрын
Huge cocoa crisis. America: Look at this 13.6 pound chocolate turkey.
@shalahuddinumar3386
@shalahuddinumar3386 Ай бұрын
True, and half of it most likely will go to waste.
@vincentgoupil180
@vincentgoupil180 Ай бұрын
Chocolate Turkey with added L-tryptophan, buzzed but still able get some sleep.
@roroflowazoro
@roroflowazoro Ай бұрын
Not if I had it​@@shalahuddinumar3386
@purpleldv966
@purpleldv966 Ай бұрын
Could be worse... Could be a 300 lb chocolate Trump! And I'm sorry for ruining chocolate for you!
@benjaminlibertarianscorpio
@benjaminlibertarianscorpio Ай бұрын
@@shalahuddinumar3386 most of it is milk, water, and sugar .
@michaelcrawley9580
@michaelcrawley9580 Ай бұрын
You can literally taste that all the chocolate just tastes like palm oil now. Crap . Sad
@realstatistician
@realstatistician Ай бұрын
I thought it was just wax. But I agree, the cheap chocolates have a lot more fillers than they used to, like soy lecithin.
@More_Row
@More_Row Ай бұрын
Tastes like shit nowadays
@coomercommander2554
@coomercommander2554 Ай бұрын
only in the US, but american chocolate was always super bad, you can't eat american "chocolate" after you eat some european chocolate.
@Homer-OJ-Simpson
@Homer-OJ-Simpson Ай бұрын
@@realstatisticianyeah, the low price chocolate seems to taste different than it did 20+ years ago. I don’t eat much chocolate today (trying to eat healthy) but when I do, it’s a more premium chocolate because the lower price chocolate is just off
@Yaya-Nakiami
@Yaya-Nakiami Ай бұрын
true, toblerone is the only decent choco bar left
@blessedbeauty2293
@blessedbeauty2293 Ай бұрын
- This is disgusting that every video I watch on this channel shows farmers struggling, yet *nobody* is trying to help them !. These people *shouldn't ever struggle,* they should be rolling in doe.
@oiwithyou
@oiwithyou 10 күн бұрын
Money is worthless if your trees are dying.
@rositavalentine4531
@rositavalentine4531 Ай бұрын
This is sad. People's greed will get them nowhere. When there's no more gold to mine and they look back at the land they've destroyed-a land that was once rich, they will realise it was not worth it
@RealShaktimaan
@RealShaktimaan Ай бұрын
No they'll realize it was worth it and move somewhere else
@rositavalentine4531
@rositavalentine4531 Ай бұрын
Money, gold, silver, or whatever precious material will have no weight if there's nothing to spend it on. When there's no longer resources on earth because we overmined or polluted it, we will look on at a wasteland and yearn for what once was.
@SoberBangBangVeteran
@SoberBangBangVeteran Ай бұрын
@@rositavalentine4531 water and food
@Sons_Of_Liberty_1739
@Sons_Of_Liberty_1739 Ай бұрын
Haves have and those that dont survive
@nixielee
@nixielee Ай бұрын
I assure you they will not, the wheel just keeps turning
@processarea91
@processarea91 Ай бұрын
Such a well-made video! It breaks down complex issues like cocoa pricing in such an engaging way - definitely learned a lot!
@hilal_younus
@hilal_younus Ай бұрын
No, the video became an advertisement halfway through
@assarlannerborn9342
@assarlannerborn9342 Ай бұрын
@@hilal_younus i am certainly hungry for some choclate right now but not much the video can do about that.
@GuruPrashanth7970
@GuruPrashanth7970 Ай бұрын
A Virus ruined the last 5 years of our life, and now some other virus has ruined chocolates for us too 😔
@speedybonsky
@speedybonsky Ай бұрын
I'VE NEVER BEEN INERESTED I ECONOMY, ENVIRONMENT AND POLITICS BEFORE THIS 😭
@albinoorca
@albinoorca 29 күн бұрын
Coffee, and palm oil are two big issues as well. It's appalling.
@kshitijnigam6849
@kshitijnigam6849 13 күн бұрын
nobody is ever interested in anything until it affects them
@pierrex3226
@pierrex3226 Ай бұрын
Most of these products are going through shrinkflation rather / more than changing recipes. Time to eat praliné. Italy because of Napoleon created praliné (Nutella, essentially) as a way to use less chocolate because France controlled the supply. Italy has Piedmont, and make the best hazelnuts. So, praliné time! Because I just noticed the chocolate I buy at Lidl has almost doubled in a matter of weeks.
@TohruMarie
@TohruMarie Ай бұрын
The way that man lit up talking about his job and the candy, that was pure joy or snow idk lol I adore these videos. Its like an alarm for my brain, lets learn something today!!! This was a really good one.
@SurvivingAI101
@SurvivingAI101 Ай бұрын
thought he was on coke
@dianapennepacker6854
@dianapennepacker6854 Ай бұрын
Candy makers are always happy people I swear hah. Never seen one that was like this job sucks. Maybe talk about long hours, and that is it.
@MithunOnTheNet
@MithunOnTheNet Ай бұрын
Shame on Cocobod for not sharing the profits to their own farmers! MNCs can raise prices and recover their costs but not farmers. Shame on the Ghana government.
@abbynarishkin9025
@abbynarishkin9025 Ай бұрын
Hey there, I’m the producer on this video! That’s an interesting point you bring up. Cocobod did raise the price for farmers in Ghana twice this year. Now farmers make $3000 per MT. For more context, Cocobod wouldn’t want to automatically raise prices to say $10k a MT if the price goes up globally. Because it knows the price of cocoa globally is going to come down (it already has), and cocobod cannot decrease the price it pays farmers once they’ve increased it.
@philodygmn
@philodygmn Ай бұрын
⁠@@abbynarishkin9025 What a tragic situation. It sounds like some formula to equitably maintain their proportion of economic benefit to Ghana’s economy would be a much better solution than a static amount. But of course that introduces bureaucracy and opportunity for corruption in determining what meets the formula’s goals and qualifies as equitable.
@ClearGlassStudios281
@ClearGlassStudios281 Ай бұрын
😂🤣😂🤣😂🤣😂
@calmbeast1329
@calmbeast1329 Ай бұрын
Damn u r beautiful ​@@abbynarishkin9025
@nickns732
@nickns732 Ай бұрын
Research what happens when they go through boom and bust cycles with the price. Inflation runs wild when half the countries paycheck instantly doubles. Where does that leave the other half of the population? Wishing they were coco farmers. Then once everyone is a coco farmer and the price bottoms out, the whole country is broke. It’s about stability and not tying your entire country to a single resource.
@DiggerPrints0814
@DiggerPrints0814 Ай бұрын
The decrease in size or weight, yet still increases the price....
@Dayvit78
@Dayvit78 Ай бұрын
Maybe because... watch the video
@kaus_australiis
@kaus_australiis Ай бұрын
Law of supply and demand
@LowryYT
@LowryYT Ай бұрын
Can't shaft the producer, so they shaft the consumer -> anything for the profit margin
@FizzyGajing
@FizzyGajing Ай бұрын
​@@LowryYT You say that as if cocoa is a human right.
@purpleey
@purpleey Ай бұрын
​@@FizzyGajing Right, chocolate is a luxury and used to only be afforded by the rich (real premium chocolate, not cheap candy thats infused with oils)
@Alelifechannel
@Alelifechannel Ай бұрын
The corporations should protect their interest by protecting the farmers… but they won’t
@realstatistician
@realstatistician Ай бұрын
The government should be protecting its citizens and their livelihoods.
@Kamamura2
@Kamamura2 Ай бұрын
That's what government should be for.
@MichealVt
@MichealVt Ай бұрын
@@Kamamura2 Africa never had an effective government, you can't help them.
@Kamamura2
@Kamamura2 Ай бұрын
@@MichealVt Yeah, stupid opinions always come with solid historical ignorance. Once again, blame the education system, and West-centric curriculum. Africa had kingdoms and empires you probably never heard of, long before the Europeans came to ravage and exploit the continent.
@MichealVt
@MichealVt Ай бұрын
@@Kamamura2 Uhm they sold their own as slaves in exchange for European weapons and goods.
@Croz89
@Croz89 Ай бұрын
I was reading an article about how India is a potential location for new cocoa plantations, quite a lot of the more humid parts of the country have conditions suitable for growing it but it only makes up a tiny percentage of the world market. Hopefully spreading cultivation out to more parts of the world will reduce the risk if there's problems in one part. It's also clear production will have to increase to keep up with global demand.
@Dzeividz
@Dzeividz Ай бұрын
That poor lady, it is disgusting what those miners did to her cocoa trees
@DarkWifey
@DarkWifey Ай бұрын
Mouth is literally watering watching this.🤤
@bjkjoseph
@bjkjoseph Ай бұрын
I wouldn’t call snickers real chocolate. It doesn’t taste anything like chocolate it taste like corn syrup.
@darkcrow42
@darkcrow42 Ай бұрын
Depends on where you are. True, it's not the most chocolatey of bars, but I've heard that in the US the chocolate tastes a lot different compared to the EU for example.
@bjkjoseph
@bjkjoseph Ай бұрын
@ if I’m gonna have chocolate, I go to Aldi and get the chocolate from Germany, the companies here changed the law years ago, and it requires them to have very little chocolate in the candy and they can still call it chocolate
@Spazik86
@Spazik86 Ай бұрын
OFC, these kind of products have like 5-10% cocoa content at most, it is mostly sugar syrup and palm oil.
@bjkjoseph
@bjkjoseph Ай бұрын
@ that’s what it taste like
@Sec_coach
@Sec_coach Ай бұрын
Because it is
@SoberBangBangVeteran
@SoberBangBangVeteran Ай бұрын
Means kids ain’t knocking at my door for Halloween 😂😂😂
@novelnouvel
@novelnouvel Ай бұрын
or they will bang it harder since they dont get any chocolate from previous house
@aaronwcummings6195
@aaronwcummings6195 Ай бұрын
We had far less kids this year. Oh well, we will have to eat the leftovers ourselves 😅
@purr_purr_meow_meow
@purr_purr_meow_meow Ай бұрын
Chocolate taste terrible now. Everything in America is dropping in quality dramatically
@ClearGlassStudios281
@ClearGlassStudios281 Ай бұрын
Don't worry guys. Prices will go up and you will pay it!! 😊😊
@purpleey
@purpleey Ай бұрын
People need theit chocolate lol
@markedis5902
@markedis5902 Ай бұрын
Chocolate bars have been getting smaller for years now
@BrandonB
@BrandonB Ай бұрын
Decrease production. All these companies just pump out as much as possible everyday. Just to have stuff sit on shelves to look nice.
@bizling
@bizling Ай бұрын
Confectionary chocolate is so far removed from the 'real deal' its frightening, but given the volumes involved with confectionary chocolate, it's no surprise the concern is real. But, those that know the 'real deal' (like me), dont care about cocoa prices (not that I am wealthy, because I am not), as I eat little but much higher quality cocoa. I am currently enjoying: Chocolate Makers 40% with Sinterklaas spices (dutch), Zotter Plummy Krampus, Chocolarder Creme Brulee, Heinde & Verre Dutch Speculaas Milk 50%.....all brands not on the high street/in some major retailer, great!
@MKGamingInvesting
@MKGamingInvesting Ай бұрын
I want more cocoa, not less. Sugar is dangerous
@Chocolatealternative
@Chocolatealternative 17 күн бұрын
You can try carob 🍫 Chocoalty flavored and naturally sweetened Carob is the best alternative for cocoa
@KHobbies_cina
@KHobbies_cina Ай бұрын
I use chocolate in desserts ,and prices increased in a 2 month span , almost double
@on__off2923
@on__off2923 Ай бұрын
i love this presenter's voice, it's so soothing and intellectual
@abetterlivedlife
@abetterlivedlife Ай бұрын
Ghana's government is short sighted. If they encouraged more chocolate production in the country, it would lead to more workers in manufacturing which would equate to a bigger economy, more taxes, more education, more money. Then maybe they could also come up with other ideas about treating the coco disease.
@EstherCheung-i7j
@EstherCheung-i7j Ай бұрын
No, I don’t like the smaller bars and there is more wasted packaging
@purpleldv966
@purpleldv966 Ай бұрын
I think smaller bars are preferable to bars with less cocoa...
@johnfontana7256
@johnfontana7256 Ай бұрын
Note: Cacao , much like coffee and I-phones is produced by ultra cheap labor bordering slavery. Even here on the big island of Hawaii, some confectioners use imported chocolate due to local labor costs!
@FarmGearInnovators
@FarmGearInnovators Ай бұрын
It's wild to think that chocolate-a treat so many of us take for granted-comes with such a complex backstory! From viruses to illegal mining, it's a bittersweet reality for cocoa farmers.
@patriciaapril7366
@patriciaapril7366 Ай бұрын
Do not forget child labour and getting pennies for hard work ...
@logbia7k608
@logbia7k608 Ай бұрын
It's a real shame we treat people like this.
@Thomas-lk5cu
@Thomas-lk5cu Ай бұрын
I wish we could stop supporting these big chocolate companies and the ongoing speculation in prices. Small companies trading directly with farmers should be the new normal.
@maestrulgamer9695
@maestrulgamer9695 Ай бұрын
Nah,smaller companies are actually pricier!They can't scale up production as much.
@purpleey
@purpleey Ай бұрын
Are you prepared to spend more money then?
@johnweak6788
@johnweak6788 Ай бұрын
MrBeasts feastables for example?
@Thomas-lk5cu
@Thomas-lk5cu Ай бұрын
@@maestrulgamer9695 Only because big companies make sure that cacao is in short supply.
@Thomas-lk5cu
@Thomas-lk5cu Ай бұрын
@@purpleey Yes, obviously. I don’t buy much chocolate anyway, but I always buy the good stuff from local/small companies. Never Nestle/Mondelez/etc
@elmartillo7931
@elmartillo7931 Ай бұрын
And yet here in Central America cacao prices are the same as they've always been.......
@Haniboy7911
@Haniboy7911 Ай бұрын
Gana needs like Burkina Faso leader Ibrahim he can fix this mess
@BAghz00
@BAghz00 Ай бұрын
5:40 Cocobod basically got a free pass to pay farmers less than inflation . Sounds like a few institutions I know.
@vsznry
@vsznry Ай бұрын
I think about this every time I think about buying chocolate. I will use any excess wealth I have in my life to help people like this. And other charities for our Planet.
@ElphabaThe2nd
@ElphabaThe2nd 29 күн бұрын
I don’t care about the price of chocolate going up, I want to know what we can do to help people like Janet, who had her entire livelihood and family’s wealth stolen from her!!! 😡😡😡
@Railfan513
@Railfan513 Ай бұрын
First 🥇 great video
@denisepost8206
@denisepost8206 Ай бұрын
Loved your coverage of this topic. I found it very interesting.
@dr.process99
@dr.process99 Ай бұрын
Amazing process!!!! I love this video.
@codybrown9401
@codybrown9401 Ай бұрын
I ate a Hersheys "bar" for the first time in a while and I was shocked how paper thin it was. It was like a sheet of paper.
@brentshuffler1234
@brentshuffler1234 Ай бұрын
Very educational documentary! Please note, circa minute 7:00 to 8:00, the word Niche is correctly pronounced as neesh (like the ee sound in leash or sheesh) ...NOT nitch.
@MauroTamm
@MauroTamm Ай бұрын
"A little precious" is an understatement. 300g bars are nearing 8€. It's almost more expensive than copper.
@hieuphungminh6690
@hieuphungminh6690 Ай бұрын
My favourite 2% cacao milk chocolate will be 1% cacao milk chocolate now. So sad 😢
@SproutGardenusa
@SproutGardenusa Ай бұрын
What an excellent narrator! They turn even complex topics into something easy to understand.
@abbynarishkin9025
@abbynarishkin9025 Ай бұрын
Thank you!
@wanderingseeker2766
@wanderingseeker2766 Ай бұрын
Today I learned of a new job. Chocolate Scholar.
@abbynarishkin9025
@abbynarishkin9025 Ай бұрын
Amazing, right?
@gubgub3275
@gubgub3275 Ай бұрын
That dude is hardcore for not selling to foreign countries. Big praise to him. What a legend
@mhjunky4278
@mhjunky4278 Ай бұрын
Or not for being too nationalistic
@gubgub3275
@gubgub3275 Ай бұрын
@mhjunky4278 nationalism isn't always a negative thing
@eduardoizquierdo309
@eduardoizquierdo309 Ай бұрын
How is that a good thing, proteccionism makes things worse for everyone
@gubgub3275
@gubgub3275 Ай бұрын
@@eduardoizquierdo309 No, no it doesn't. Listen to the video or go read a book about economics.
@v.tantov.14v
@v.tantov.14v Ай бұрын
he is right,,, if you just sell raw materials ( coco bean) you just get low income,,, if you sell finish products you get high income,,, let Europe n America buy finished product from this country,,, big company from Europe n America take more profit than the farmers,,,
@cartman4885
@cartman4885 Ай бұрын
Chocolate products have gotten so high the past few years that I no longer give any type of chocolate Halloween candy anymore just hard candy's and when I crave chocolate I buy Wal Mart brand not cheap but cheaper than the big brands
@Shadefreeze
@Shadefreeze Ай бұрын
if you like these chocolate moulds, I invite you to check out the chocolate museums in Belgium :P Those are ACTUAL chocolate artworks.
@DW40_
@DW40_ Ай бұрын
Every dentist nightmares
@lisastenzel5713
@lisastenzel5713 28 күн бұрын
8:17 How is he expecting to sell those in Africa? Most people can barely afford food. I get his anger, no question. But ... Processing the beans in Africa and selling them to overseas, that would make a profit. Chances here are just as bad I guess, cos the industry is stuck for decades on not paying high prices and rather processing the beans themselves. Really the only thing that would stop me from buying chocolates made in Africa...is the issue of hygiene. I have zero clue on what standards they gotta meet there for anything food related. I do enjoy a good bar of chocolate. Tony's something is the name of the last good bar I found that was made with fair trade.
@xmarjav6353
@xmarjav6353 11 күн бұрын
I didnt see any Chinese Equipment in Gold Mining though😂
@superdream4562
@superdream4562 Ай бұрын
I love the farmers that produce chocolate 🎉
@starfan6299
@starfan6299 Ай бұрын
Let's be honest here... American chocolate can barely be called chocolate to begin with lol
@Spazik86
@Spazik86 Ай бұрын
Yea, what they called "chocolate" is like 5-10% cocoa content at most, laughable :D it is more like 80% sugar and vegetable/plam oil stuff.
@Wasengenyie
@Wasengenyie Ай бұрын
​@@Spazik86wait for artificial cocoa flavor and coloring
@Khalrua
@Khalrua Ай бұрын
Happy Halloween!
@gartengeflugel924
@gartengeflugel924 Ай бұрын
I really appreciate the factual tone and moderation of your videos. The way primary producers of goods are often being treated is gross and highly outdated. It's fine for sweets to be something for a rare occasion, eaten in moderation, not a commodity that has to fill some dietary need. Of course elevated prices should benefit the farmers down the line, which I guess is pretty illusory thinking. Out of sight and out of mind in regards to the condition of the farmers.
@rachelweiss5265
@rachelweiss5265 7 күн бұрын
Chief Halloween Officer is a baller title 😂
@love83forever
@love83forever Ай бұрын
How does the Ghanaian government allow them to take peoples land?
@BankHead980
@BankHead980 Ай бұрын
Probably a cut of the money
@Krugster
@Krugster Ай бұрын
Corruption
@Mandragara
@Mandragara Ай бұрын
Corruption and a lack of policing ability
@KingDeadMan
@KingDeadMan Ай бұрын
The only reason those packets have less chocolate in them, is corprate greed- not shortages. Sh*t quality, is 100% a decision of greed, masked by "unfortunate circumstances". Makes me sick, and I don't even eat candy.
@gabbonoo
@gabbonoo Ай бұрын
The only reason? Your emotional appeal is painful. Bad quality is often what one resorts to when the market is oversaturated and you dont have an exceptional aspect or backing. Chocolate is a luxury good and making it crap is at worst, a liquidation (destroying business potential for a golden parachute), and at best, a means to keep stable jobs. Cynical oversimplified reasoning without constructive ideas breeds polarising opinion that tends to be a burden on the middleman.
@KingDeadMan
@KingDeadMan Ай бұрын
@gabbonoo Luxuries are fresh whole foods, clean drinking water, unpolluted air, up-to-code fully paid housing, fully paid car, free accessibilities, job stability, etc... nothing about chocolate is an actual luxury, that's the way unnecessary junk has been marketed. You lack the mental maturity to understand what's going on around you. Open your eyes. You shuffle garbage into your system, call it a fine lifestyle, then wonder why you're sick as a dog, can barely move your body the way you should be able to, then blame everyone- except yourself, for your own undoing. I'm not going to tell you how to live your life. I will, if you ask, but I have no problems with the way others choose to live, unless it affects others & myself- especially the upcoming generations. I'm not letting those rich, fat, ignorant twatwaffles hurt the people that come next; but that's a different topic.
@KingDeadMan
@KingDeadMan Ай бұрын
@@gabbonoo Chocolate is not a luxury. It is filled with junk no person should be eating. Painful? You think sympathizing & idolizing these price-gouging, slave laboring billion dollar companies isn't painful to see? The irony.
@palmtreasy
@palmtreasy Ай бұрын
so thats why the halloween candy bags at walmart were like 30 dollars and m&ms and kit kat are coming out with all these random flavors. it all makes sense.
@lostcontrol1981
@lostcontrol1981 29 күн бұрын
I’ve noticed many chocolate makers are substituting cocoa butter with palm oil. The taste and feel of the chocolate is greatly affected. It’s getting very hard to find good quality chocolate anymore. I am a soap maker too, and often use cocoa butter in my soaps - but it’s getting much too expensive to add cocoa butter anymore.
@charismafunds
@charismafunds Ай бұрын
Watching this while eating chocolate 🍫
@KazixeZone
@KazixeZone Ай бұрын
Me, sat here in my bed eating a huge bar of chocolate: "Owh Noh! Mmm that's so fkcn good..."
@joshuaspagnoletti
@joshuaspagnoletti 26 күн бұрын
Cocoa bean farmers are usually poor and don’t have much equipment. Usually because they chased out the white settlers that used to run massive plantations. So it is no surprise to me that the price has kept going up year on year.
@sebareyes7030
@sebareyes7030 Ай бұрын
Super interesting
@taquinsuisse
@taquinsuisse Ай бұрын
I can live without chocolate. Besides, my Swiss palate is used to real chocolate. Not palm oil mixed with a spoon of cocoa powder.
@gardenlifelove9815
@gardenlifelove9815 Ай бұрын
Ya, they're really going to have to stop monocropping if they truly want to save the industry. There are ways to plant other trees and plants that will easily protect these trees, bit you have to inter-plant them
@maria89479
@maria89479 Ай бұрын
A normal hersheys bar is already $1.79…. That’s crazy high!
@patricksalish
@patricksalish Ай бұрын
I just want that M&M trolly to travel to my mouth. 🚂 👁️👅👁️
@robertb1802
@robertb1802 Ай бұрын
Considering a snickers bar is like 10% chocolate, I imagine not much.
@grizzlywizzly
@grizzlywizzly Ай бұрын
Shame on the multi-National chocolate industry for treatment of farmers - there are livelihoods based on those products of this crop and no benefits would ever “trickle down” towards those farmers what’s funny is there are tons of articles this year talking about how “kids don’t like chocolate anymore!” And how gummies and sour candies have become #1 preference for kids 😂
@John_Smith_86
@John_Smith_86 Ай бұрын
Their country bans such excess payments to the individual farmers. What do you want the MNCs to do?
@brandonbielinski5611
@brandonbielinski5611 Ай бұрын
Probably paid for by Big Chocolate lol
@GSNRecords
@GSNRecords Ай бұрын
@@John_Smith_86 increase the price their board pays their farmers like they already did, for one. it's a certainty that the board is getting kickbacks from the multinationals and it's why they're paying farmers so little
@charlethemagne5466
@charlethemagne5466 Ай бұрын
"trickle down" economics is the biggest conservative lie. We've had numerous studies that show wealth doesn't trickle down, it gets sucked up to the top as quickly as possible and then sits there in a millionaires account, completely useless to the economy since most multimillionaires just hoard profit.
@kiro-sv9to
@kiro-sv9to Ай бұрын
This means more sugar, more artificial flavouring, and more vegetable oil inside chocolate bars.
@lattehour
@lattehour Ай бұрын
once you mine gold the land is destroyed for many decades to come
@Intertaining.reels96
@Intertaining.reels96 Ай бұрын
Tbh I’m not gonna lie when I saw them bury the infected pods back in the soil no burning it or anything I get it nutrient back in the land but ur also letting the mold which he knows is white fuzz fester in a humid arid area and expect for it not the expand? Further I would burnt the big pile then spread it in a small area me personally if at all use it
@robertribbens8938
@robertribbens8938 Ай бұрын
If producers are getting only 5% of the chocolate value, a 100% increase in raw cocoa price should not equal 50% increase in finished product. That said, world sugar price has gone up at least 100% too.
@toogood2kr
@toogood2kr 6 күн бұрын
My favorite peanut m&ms are the ones that dont have peanut in them. 😊🎉😂
@SocketSlinger
@SocketSlinger Ай бұрын
You can bet like any other companies, when the prices are reduced for them we will still pay the premiums. It's not regulated like petroleum products, so let the price gouging continue, like always!
@lockethomas7165
@lockethomas7165 Ай бұрын
African- "We want to produce our own chocolate here in Africa" European- "how you going to manage that you have no cows or milk chillers"
@abbynarishkin9025
@abbynarishkin9025 Ай бұрын
Powdered milk :) Ghana is building out its cold chain. That’s how places like Niche and fairafric are coming online
@calvinhoward3808
@calvinhoward3808 Ай бұрын
Time to pump those CFC refrigerants!
@idanvegana
@idanvegana Ай бұрын
Chocolate doesn't have to contain milk...
@charlethemagne5466
@charlethemagne5466 Ай бұрын
​@@idanvegana it doesn't but chocolate without milk tastes crap and you can only make like two types of milkless chocolate. No one likes dark chocolate for a reason.
@idanvegana
@idanvegana Ай бұрын
@@charlethemagne5466 Dark chocolate tastes like chocolate. Perhaps you prefer the taste of milk and white sugar. Also, you can make countless types of milkless chocolate. My favourite is with salty caramel :-)
@shalahuddinumar3386
@shalahuddinumar3386 Ай бұрын
Its truly sad that the nation who export the most chocolate is the one that cant enjoy choco. Ghana gov should limit their raw chocholate export and build their own chocolate factory for finished product.
@RazielDeTam
@RazielDeTam Ай бұрын
And what are they going to do with all that chocolate?
@shalahuddinumar3386
@shalahuddinumar3386 Ай бұрын
@@RazielDeTam Sell it as a finished product abroad with much higher price so that their citizens and their farmers can actually benefit from it
@RazielDeTam
@RazielDeTam Ай бұрын
@@shalahuddinumar3386 abroad? Who's going to buy it? On some islands? Nobody is going to buy that chocolate without proper marketing, and it's a HUGE investments. Honestly, would you buy a noname grocery from unknown origin for full price?
@RazielDeTam
@RazielDeTam Ай бұрын
@@shalahuddinumar3386 and) honestly, I'll never buy sweets from unknown origin/technology. I can F Nestlé, but can i F "Ghana's cacao"? 'Sell abroad' is ez to say but hard to do, they're noname
@shalahuddinumar3386
@shalahuddinumar3386 Ай бұрын
@@RazielDeTam you misunderstand it, their government should create a policy to make these international companies built their factory in Ghana, this would improve their country industrial investment and employ their citizens. And hopefully, would make other industries popped up too
@mohammedrakib3736
@mohammedrakib3736 Ай бұрын
Here I am watching this video with a cup of chocolate icecream..
@KaseyKessler
@KaseyKessler Ай бұрын
Where is the government while all of this happening who is protecting the people? Not cool. Very sad! Where is cocobod when people are being attacked? I would turn to the Black market too. Thank you all of the veterans here and not here who give their lives to keep America Great!! You are Loved!! I love you!!
@Michelle-s2z6l
@Michelle-s2z6l Ай бұрын
I think places like Hershey and Reese's have ruined the taste of chocolate for young people, so they want more expensive chocolate that actually tastes good, there was even a video on how trick or treaters actually prefer fruity/ sour candy over chocolate now. Theres still room for chocolate, but the demand for cheap chocolate has come down.
@firehot427
@firehot427 Ай бұрын
Prices will stay high when coco prices go down
@xondeez757
@xondeez757 Ай бұрын
it basically means that you should eat less. if i see increase in prices, i simply buy less of it. chocolate is not essential food, i could care less. i have a problem when essential food increase in prices, like bread, milk, basic vegetables, eggs etc
@phole1100
@phole1100 Ай бұрын
Calling this chocolate is a stretch. What these companies make is almost entirely sugar and oils, there is very little if any chocolate involved
@Boomflame82
@Boomflame82 Ай бұрын
Say it out loud for the folks in the back with their fingers in their ears: when the prices to import go up, it's the DOMESTIC businesses and consumers that truly pay it in the end.
@blessedbeauty2293
@blessedbeauty2293 Ай бұрын
- 16:02 All that money, hardly any chocolate, yet they cannot taste test, and they make their candy smaller, then raise prices!? *Yeah, okay* ... boycott
@GabyHernandez-rv3vo
@GabyHernandez-rv3vo Ай бұрын
Fair prices for framer
@melindaburgess-murray4781
@melindaburgess-murray4781 Ай бұрын
Yes I have seen an in Cadbury Chocolate From 12 dollars to $16 in Trinidad and Tobago 🇹🇹
@lisastenzel5713
@lisastenzel5713 28 күн бұрын
2:05 😮I knew they made cocao, but THAT much? Damn... I hope they get this fixed. And I am sure not that sad anymore about the prices of sweets with chocolate.
@GenesisCamille
@GenesisCamille Ай бұрын
I love chocolate!
@mcld4214
@mcld4214 Ай бұрын
Cote d’ivoire exports 42% of the worlds cocoa while Ghana is 14.2% i wish they talked about the farmers in Cote d’ivoire also
@dejabu24
@dejabu24 Ай бұрын
11:10 I wonder what make a company accept to reduce their margins , that means that not always is transfer to the consumer
@loganhubbs21
@loganhubbs21 20 күн бұрын
If you think about it how many stores have every single kind of chocolate sitting on the shelves and they are never low and some of that chocolate is never touched
@stevodakine1
@stevodakine1 Ай бұрын
Now I want a chocolate bar!
@justflight88
@justflight88 Ай бұрын
Yummy Yummy 😋
@balBROni
@balBROni Ай бұрын
Personally my candy of choice has been nerds bites as of late 😅
@Dayvit78
@Dayvit78 Ай бұрын
Wow I haven't had nerds in a long time. They were good
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