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Cargill’s Sustainable Cocoa Program Proves Profitable For Côte d’Ivoire Farmers

November 13, 2012: 12:00 AM EST
Global food producer Cargill says its sustainable cocoa program has helped cocoa farmers in the Côte d’Ivoire boost yields and improve bean quality and, in turn, increased farmers’ profits. According to the company, 26,500 Ivorian farmers across 43 certified cooperatives received Cargill’s sustainable cocoa premium totaling $7.6 million. The premium has raised farmers’ direct revenues by 17 percent on average. Cargill customers who buy certified cocoa and chocolate ingredients contribute directly to these premium payments that over the last three years have totaled more than U.S. $12.2 million.
"Cargill’s leading sustainable cocoa program boosts profits for Ivorian cocoa farmers", Press release, Cargill, November 13, 2012, © Cargill
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