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

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Business Insider

Business Insider

Күн бұрын

Пікірлер: 77
@processarea91
@processarea91 4 сағат бұрын
Such a well-made video! It breaks down complex issues like cocoa pricing in such an engaging way - definitely learned a lot!
@rositavalentine4531
@rositavalentine4531 5 сағат 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 5 сағат бұрын
No they'll realize it was worth it and move somewhere else
@rositavalentine4531
@rositavalentine4531 Сағат 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 29 минут бұрын
@@rositavalentine4531 water and food
@SoberBangBangVeteran
@SoberBangBangVeteran 5 сағат бұрын
Means kids ain’t knocking at my door for Halloween 😂😂😂
@novelnouvel
@novelnouvel 52 минут бұрын
or they will bang it harder since they dont get any chocolate from previous house
@gubgub3275
@gubgub3275 5 сағат бұрын
That dude is hardcore for not selling to foreign countries. Big praise to him. What a legend
@ebonymystery
@ebonymystery 5 сағат бұрын
That's craazy-- they took her land and cut down the trees? Lawlessness...
@jermainec2462
@jermainec2462 3 сағат бұрын
Its sad ...
@SproutGardenusa
@SproutGardenusa 4 сағат бұрын
What an excellent narrator! They turn even complex topics into something easy to understand.
@TohruMarie
@TohruMarie Сағат 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.
@kaishmuper
@kaishmuper 4 сағат 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 3 сағат бұрын
You will be ok ...
@jermainec2462
@jermainec2462 2 сағат бұрын
@@anomonyous and of course you didn't understand none of the sarcasm in this statement ... So carry on ...
@BH-yk5cn
@BH-yk5cn 53 минут бұрын
the Metric system is what holds the rest of the world back. You need proof I made it the F up.
@novelnouvel
@novelnouvel 53 минут бұрын
good grief, if they also measure the people that enter the statue, the weight will be double.
@ziaurrehman4430
@ziaurrehman4430 22 минут бұрын
I started the video and just after i heard this sentence i was like okkkkkkay lets check the comments ! lol
@MithunOnTheNet
@MithunOnTheNet 4 сағат 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 8 минут 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.
@KHobbies_cina
@KHobbies_cina 5 сағат бұрын
I use chocolate in desserts ,and prices increased in a 2 month span , almost double
@Railfan513
@Railfan513 6 сағат бұрын
First 🥇 great video
@bjkjoseph
@bjkjoseph 6 сағат бұрын
I wouldn’t call snickers real chocolate. It doesn’t taste anything like chocolate it taste like corn syrup.
@darkcrow42
@darkcrow42 5 сағат 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 5 сағат 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
@j-timeless
@j-timeless 4 сағат бұрын
13:48 "Ree-sees?" Just like my favorite actress, Ree-see Witherspoon.
@melindaburgess-murray4781
@melindaburgess-murray4781 2 сағат бұрын
Yes I have seen an in Cadbury Chocolate From 12 dollars to $16 in Trinidad and Tobago 🇹🇹
@Khalrua
@Khalrua 2 сағат бұрын
Happy Halloween!
@lockethomas7165
@lockethomas7165 2 сағат 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 6 минут бұрын
Powdered milk :) Ghana is building out its cold chain. That’s how places like Niche and fairafric are coming online
@starsrhi2335
@starsrhi2335 2 сағат бұрын
Chocolate verses gold - Real chocolate has more value than gold...you cannot eat gold. Greed and violence will not help or save gold in the near future. Gold will cancer itself from storage no matter how well it is stored, and its value will be worthless. It would be best to take care the chocolate, save the farmers and the their fields for abundant growing for this valuable and healthfilled bean. If you do not take heed this important message, be assured that your own resources will wither, and you will not be given even the dust off a it's bean.
@l...
@l... Сағат бұрын
National predator
@justflight88
@justflight88 4 сағат бұрын
Yummy Yummy 😋
@DaveVargas90012
@DaveVargas90012 Сағат бұрын
8:06 say it loud say it proud.
@grizzlywizzly
@grizzlywizzly 5 сағат 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 2 сағат бұрын
Their country bans such excess payments to the individual farmers. What do you want the MNCs to do?
@brandonbielinski5611
@brandonbielinski5611 Сағат бұрын
Probably paid for by Big Chocolate lol
@cartman4885
@cartman4885 54 минут 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
@coco-jz9zk
@coco-jz9zk 2 сағат бұрын
But like, didnt he just burry the sick pod. Doesnt that make the virus spread easier bc they are like lowkey infecting the soil right?
@starfan6299
@starfan6299 3 сағат бұрын
Let's be honest here... American chocolate can barely be called chocolate to begin with lol
@love83forever
@love83forever 4 сағат бұрын
How does the Ghanaian government allow them to take peoples land?
@JWLuke787
@JWLuke787 5 сағат бұрын
Nooooooooooo 🤧😭😭
@l...
@l... Сағат бұрын
How much goes to garbage
@balBROni
@balBROni 4 сағат бұрын
Personally my candy of choice has been nerds bites as of late 😅
@debbiemarquis3231
@debbiemarquis3231 3 сағат бұрын
Apparently Ghana don't have a government..
@EdwardNY8
@EdwardNY8 4 сағат бұрын
It means you should have posted this 2 weeks ago everyone already bought their candy
@patricksalish
@patricksalish 4 сағат бұрын
I just want that M&M trolly to travel to my mouth. 🚂 👁️👅👁️
@domosito4472
@domosito4472 5 сағат бұрын
Wow I’ve always heard talk about how vanilla is actually brown but they never talk about how cocoa is actually white
@CuteSealYHM
@CuteSealYHM 4 сағат бұрын
The beans inside the white flesh are brown
@debbiemarquis3231
@debbiemarquis3231 3 сағат бұрын
After fermentation..the white flesh is removed to use the seeds
@domosito4472
@domosito4472 59 минут бұрын
Ok so the flesh is white
@abbynarishkin9025
@abbynarishkin9025 5 минут бұрын
After fermenting and drying the beans turn brown!
@lutomson3496
@lutomson3496 5 сағат бұрын
reminds me of how the diamond market is controlled..falsely like this market is...
@dejabu24
@dejabu24 15 минут бұрын
11:10 I wonder what make a company accept to reduce their margins , that means that not always is transfer to the consumer
@Lion_McLionhead
@Lion_McLionhead 2 сағат бұрын
Thought AI replaced all the cocoa farmers.
@kapa1611
@kapa1611 4 сағат бұрын
:/ they make the candy smaller and smaller. it sucks. and, as they point out in the video, they are adding more things that are not chocolate to the candy, which doesn't taste as good. btw, why are only 2 countries producing most of the chocolate? Ivory Coast and Ghana. you'd think there would be other countries trying produce chocolate, especially since prices are increasing..
@markedis5902
@markedis5902 Сағат бұрын
Chocolate bars have been getting smaller for years now
@KKrusher
@KKrusher 37 минут бұрын
Just use synthetic fake chocolate just like any other product nowadays. I seriously doubt manufacturers use actual chocolate beans anymore.
@shwanflake
@shwanflake Сағат бұрын
It means they have reason to increase prices and after a year show off amazing profits 😂 will be rewarded with higher stock prices. Mo money gets mo money 🎉
@Davidchendavid
@Davidchendavid 6 сағат бұрын
🫘 oh no
@EstherCheung-i7j
@EstherCheung-i7j 2 сағат бұрын
No, I don’t like the smaller bars and there is more wasted packaging
@EstherCheung-i7j
@EstherCheung-i7j 2 сағат бұрын
Why can’t the big chocolate producers help them?
@creativemindplay
@creativemindplay Сағат бұрын
Caramel. Not carmuhl.
@PerterAtherton
@PerterAtherton 2 сағат бұрын
TIME AFRICA GET A WORTHY PRICE FOR ITS COCOA
@gxguy2906
@gxguy2906 5 сағат бұрын
Good. As you grow older you realize that these things are worse than drugs!
@lohroc1014
@lohroc1014 4 сағат бұрын
Is there anything that hasn't reached all-time high prices?
@Mike-qo8nm
@Mike-qo8nm Сағат бұрын
Eat an apple
@Nauticalexport786
@Nauticalexport786 6 сағат бұрын
nautical export manufacturing company ❤
@ayushkumar-bg1xf
@ayushkumar-bg1xf Сағат бұрын
thats how europeans make money , there is still neo colonialism there. there should be ban on chocolate produced outside cocoa produced countries.
@djfreaknique1587
@djfreaknique1587 6 сағат бұрын
Idc!!!! Reese cups shouldn’t cost 3$..
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