In full world cocoa crisis, in the Canary Islands they have had an idea: cultivate them themselves

Last week, Ghana expelled all foreign companies that operated in the gold market. The situation had become unsustainable. Not only are they “disastrous economic, health and environmental consequences“Of artisanal mining (which has skyrocketed in recent years), nor the battered accounts of the Ghanaian state; but the boom of gold exploitation was eroding other national industries. The clearest example is that of cocoa. What about cocoa? Only in the last year, Ghana (the second country that produces the most cocoa) lost 20% of its total production. And that happened in a global context in which bad harvests, pests and climate change fired cocoa prices at historical levels: the ton surpassed The $ 10,000 in the New York Stock Exchange. The problem is that for Ghanaian farmers, gold was more profitable in the short term. The arrival of Chinese operators changed the rules of the game a few years ago and the consequences began to be seen now: cocoa was not the ‘golden chicken’ for the African country industry; but it was much more sustainable than the Galamsey: stir tons and tons of land Almost handmade, illegal, dangerous and little regulated form To sell the gold they find. It is also an “infectious disease” and Ivory Coast (the world’s main cocoa producer) already begins to suffer The same problem. Where some see a problem, others see an opportunity. And for “another” I mean Canarian farmers. Because, like They said in the province“It has subtropical climatic conditions that make it a different region to the rest of the continent.” And that has consequences, above all, for agriculture. Therefore, it is not surprising that the Canarian Institute for Agricultural Research (ICIA) I have been two years “Analyzing the possibilities of culture growth (cocoa) in farm -pea farms.” Nor is it that its results are positive. The new jewel of Canarian agriculture? I wouldn’t say so much. As in the case of Café Granada, the Canarian cocoa It does not consider right now as a large crop. It would be about looking for a “boutique” product, something that allows “diversifying” Canarian agriculture and fleeing from the “bananodependence”. But it is not so easy. Because it is not only about convincing enough producers to achieve considerable productive stability; but of being able to develop the entire industrial chain: things like the fermentation of the grain and its drying. And many problems arise: because raising that industry is almost impossible (profitability is very low) and selling cocoa without further ado leaves you in a very bad strategic place. You have to think very well how to take the steps so that this does not become academic hobby. Since the end of 2023, cocoa has gone from quoting at $ 2,581 per ton at 10,371. It is something extremely sweet and, therefore, little by little that we are wrong a deadly trap for the Canarian field. Image | Majestic Lukas | Kyle Hinkson In Xataka | We go to the most expensive chocolate in history: how the cocoa crisis will shoot its price

Café and cocoa have become so much more expensive to suffocate the sector itself. They leave it without liquidity to pay grain shipments

They do not run easy times For coffee lovers. Not even cocoa. Both goods have seen how their prices They shot themselves until reaching Historical values Fruit of a “perfect storm” in which bad harvests and the imbalance between supply and demand are mixed. And although there is who predicts That by the end of the year we will see the occasional price drop (Arabica coffee), today the operators are not having it easy. In fact there are already some who, given the shortage of liquidity, are being seen With difficulties To move the merchandise. It is the nth proof of how the sector is. What happened? That the escalation in coffee and cocoa prices is noticing beyond costs, The demand either The accounts of the sector. A few days ago Bloomberg revealed How the rise in futures markets Of both products is depleting the liquidity of some operators, which is already reflected in their logistics. As? According to the agency, there are companies that are finding problems to finance international merchandise movements. How does that affect the market? Bloomberg’s analysis is clear: to guarantee its position for the future and before the escalation of prices, there are operators who have had to mobilize great sums in the New York Stock Exchange. And that translates into a significant amount of cash blocked, which complicates financing the cargoes that transport grain from the production areas to the consumption points. As a backdrop are The difficulties with which it is part of the industry with the cash flow. What is the problem? “The market in cash and the availability of financing”, Clarify Pam Thornton, with a long experience in the raw materials and cocoa market. To the lack of liquidity it is also added that, in a clearly upward market, some suppliers that have sold at lower prices are breaking their commitments. Another handicap that affects the coffee sector is the shortage of containers and the lack of incentives for reserves. The situation is complicated because many companies sell at the same time with both products, coffee and cocoa, which leaves them in a difficult position when facing cash scarcity. An example aforementioned by Bloomberg herself is Olam Groupdedicated to both grains and that in just one year he has seen how his circulating capital shot 68%. The cause, as explained by the company: the “strong unprecedented increases” in the price of goods. Did prices upload so much? Yes. Specialized platform graphics such as Investing either Training Economics or of one’s own World Bank They are eloquent. The futures of Arabica coffee and cocoa In New York they have descended in recent weeks, but they still remain high if the entire historical series is taken into account. The causes respond in both cases to a sum of factors, including bad harvests in producing areas such as Western Africa, Brazil or Vietnam. In the specific case of cocoa prices 28% have fallen In 2025, but still the future negotiated in New York shot both last year that they remain at levels far higher than the average of the last decade. If we talk about coffee, They remain quite above of those of a year ago. Are there more indicators? Yes. Last week Reuters warned of the complicated situation faced by world coffee trade. In his analysis he even speaks of “paralysis”, with merchants and toasters throwing the brake and reducing their activity to minimums due to the increase in prices. “Normally we would be exhausted, but so far we have sold less than 30% of the production,” a manager of a manager of Elcafe ca does A few daysduring the Convention of the National Coffee Association of the US. “The great price increase is eaten the liquidity of the customers. They do not have all the money to buy what they need,” he adds. There are already signals They point out that Arabica coffee could be reduced sensitively by the end of 2025, both for the behavior of the Brazilian harvest and the effect of prices on the demand itself, but for the moment the industry is forced to be conservative. The footprint in the silos. Reuters points out another equally interesting effect: coffee stores close to US ports, which receive grain from the center or south of America, remain in half of their normal volume and in some cases they are even pretending them. “Some storage companies are returning the silos to the owners, canceling the rental contracts in advance,” Explain An executive of the sector. Images | Kelsen Fernandes (UNSPLASH) In Xataka | 2025 promised to be a calamitic year for the price of coffee. We would love to tell you that the forecasts were wrong

Recent studies suggest that cocoa was not born in Mesoamerica, but in the current Ecuador

Talking about cocoa is talking about your Impact on Mesoamerican societies. Cocoa arrived in Mexico at some point in 1900 AC and esteem That it was the Olmecs who domesticated the plant at some point between 1200 and 400 AC was the pillar of different Mesoamerican cultures and became more than a food. However, recent studies have challenged that idea. The reason? Neither olmecs, nor Maya, nor Aztecs: the first who used cocoa were the Amazonian cultures that bound with Ecuador and Colombia. We go in parts. The food of the gods. As we say, cocoa is something cultural In Mexico. The Maya They considered which was the “food of the gods” and used it as a sacred drink. It was very different from the sweet we know today, since it was prepared with cocoa in pieces, flour, chili, cinnamon and hot water, resulting in a dense and bitter mixture. Had presence In its rituals, but it was also used as an offering to ask for something from the gods, it could be used as a currency and even as a status symbol. The Aztecs They refined Something else the formula, since they roasted the grains, grind them and mixed with ingredients such as vanilla or aromatic flowers. Subsequently, they added hot water and thus the Techocolat. Hello, Ecuador. But the two cultures had something in common: it was not a simple food. Although cocoa knew that it appeared in the high Amazon, in regions that are now Ecuador and Colombia, the domestication of the plant occurred thanks to Mesoamerican societies. But, as we say, recent studies They have put this belief upside down. Researchers and archaeologists at the University of Berkeley, from the University of Columbia Britanic and the French Development Research Institute According to him firsttraces of cocoa uses in containers of about 5,300 years ago indicate that the civilizations that inhabited these tropical jungles already gave use to cocoa well as food, or as an offering. This indicates that its use dates back about 1,500 years to which we considered the first in the Mesoamerican civilizations. Archeococin. It all started with the discovery of elaborate ceramics that would have belonged to culture May-Chinchipewhich occupied the Western Amazon about 5,500 years ago. Michael Blake is one of the researchers and commented on Science that those vessels were similar to those used to make cocoa. That was when he asked his colleagues “Is there any possibility that these vessels were used to make cocoa?” And the answer was “nobody has proven it.” He assumed the task and, by scraping different parts of the containers, they found that there were remains of starch with a composition that is only seen in the pods of the seeds of the cocoa tree. They also found theobromine, a compound present in mature cocoa seeds. Thus, they could affirm that this civilization was already doing cocoa routinely before Mesoamerican cultures. Evidence of the first areas that used cocoa Domestication or non -domestication? Rosemary Joyce is a researcher at the University of Berkeley who has studied for years the origin of cocoa and its deep relationship with Mesoamerican cultures. It is important because he commented on this joint study between several universities and, although he found unquestionable that this Ecuadorian culture was already working cocoa, he asked if they really managed to domesticate the plant. Because there is an important difference between using the seeds found sporadically and really having an industry supported by the plant. This domestication of cocoa is something that is also thoroughly being investigated and, before the study we mentioned, it was published other that dated domestication 3,600 years ago in Central America. Blake and his colleagues are convinced that it was the inhabitants of South America who domesticated the plant due to the amount of different artifacts in which they found traces of cocoa elaborations. Impact on Mexican identity. Joyce, who was not very convinced with the new theory of domestication in Ecuador, commented in a article Subsequent that “after decades of research, new discoveries show that one of the most widely repeated statements, such as cocoa cultivation began in Mexico or Central America, should be reviewed.” And a question that may arise is how these discoveries affect Mexican identity, which for hundreds of years consolidated their predecessors such as those who dominated the cocoa plant and began using their fruits to make food. The answer is … that something like this should not be a cultural earthquake. That traces of the early use of cocoa are traces in another totally different area is an archaeological achievement and that continues to teach us about the civilizations of the past, but it will “invent” that invented it, the relevance of cocoa between Mesoamerican cultures is indisputable, being a pride For Mexico. Spread. Now the mystery is to match that first crop in the area of ​​Ecuador and the arrival of plants to Mesoamerica. Joyce considers that, with these revelations, “a new stage begins in the history of cocoa: to link its early history in South America with that of Central America and Mexico.” In the 2018 Science study, the researchers already affirmed that the search for that relationship is something that they should study more thoroughly ”, since the current mystery is how cocoa trees made that trip of thousands of kilometers until they reached Central America. Cocoa seeds They lose quickly their viability, so they are not easy to transport and that are reproduced in a new land (especially with the methods they had thousands of years ago). In the end, the finding does not take importance to the role of cocoa in the Mesoamerican culture, but it does enriches the history of the plant itself and gives us clues to throw for future investigations. Images | UC Berkeley In Xataka | How much does a cup of coffee in each country in the world cost, explained in a fantastic map

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