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

Поделиться
HTML-код
  • Опубликовано: 31 окт 2024

Комментарии • 77

  • @processarea91
    @processarea91 4 часа назад +15

    Such a well-made video! It breaks down complex issues like cocoa pricing in such an engaging way - definitely learned a lot!

  • @rositavalentine4531
    @rositavalentine4531 6 часов назад +53

    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 6 часов назад +14

      No they'll realize it was worth it and move somewhere else

    • @rositavalentine4531
      @rositavalentine4531 Час назад

      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 41 минуту назад

      @@rositavalentine4531 water and food

  • @SoberBangBangVeteran
    @SoberBangBangVeteran 5 часов назад +11

    Means kids ain’t knocking at my door for Halloween 😂😂😂

    • @novelnouvel
      @novelnouvel Час назад

      or they will bang it harder since they dont get any chocolate from previous house

  • @gubgub3275
    @gubgub3275 5 часов назад +16

    That dude is hardcore for not selling to foreign countries. Big praise to him. What a legend

  • @ebonymystery
    @ebonymystery 5 часов назад +12

    That's craazy-- they took her land and cut down the trees? Lawlessness...

  • @SproutGardenusa
    @SproutGardenusa 4 часа назад +2

    What an excellent narrator! They turn even complex topics into something easy to understand.

  • @TohruMarie
    @TohruMarie Час назад +1

    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 часа назад +15

    "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 часа назад +1

      You will be ok ...

    • @jermainec2462
      @jermainec2462 2 часа назад +3

      @@anomonyous and of course you didn't understand none of the sarcasm in this statement ... So carry on ...

    • @BH-yk5cn
      @BH-yk5cn Час назад

      the Metric system is what holds the rest of the world back. You need proof I made it the F up.

    • @novelnouvel
      @novelnouvel Час назад

      good grief, if they also measure the people that enter the statue, the weight will be double.

    • @ziaurrehman4430
      @ziaurrehman4430 34 минуты назад +1

      I started the video and just after i heard this sentence i was like okkkkkkay lets check the comments ! lol

  • @MithunOnTheNet
    @MithunOnTheNet 4 часа назад +5

    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 21 минуту назад

      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 часов назад +3

    I use chocolate in desserts ,and prices increased in a 2 month span , almost double

  • @Railfan513
    @Railfan513 6 часов назад +3

    First 🥇 great video

  • @bjkjoseph
    @bjkjoseph 6 часов назад +9

    I wouldn’t call snickers real chocolate. It doesn’t taste anything like chocolate it taste like corn syrup.

    • @darkcrow42
      @darkcrow42 5 часов назад +1

      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 часов назад +1

      @ 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 часа назад +1

    13:48 "Ree-sees?" Just like my favorite actress, Ree-see Witherspoon.

  • @melindaburgess-murray4781
    @melindaburgess-murray4781 3 часа назад +1

    Yes I have seen an in Cadbury Chocolate From 12 dollars to $16 in Trinidad and Tobago 🇹🇹

  • @Khalrua
    @Khalrua 2 часа назад

    Happy Halloween!

  • @lockethomas7165
    @lockethomas7165 2 часа назад +1

    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 18 минут назад

      Powdered milk :) Ghana is building out its cold chain. That’s how places like Niche and fairafric are coming online

  • @starsrhi2335
    @starsrhi2335 2 часа назад

    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... 2 часа назад +1

    National predator

  • @justflight88
    @justflight88 4 часа назад

    Yummy Yummy 😋

  • @DaveVargas90012
    @DaveVargas90012 Час назад +1

    8:06 say it loud say it proud.

  • @grizzlywizzly
    @grizzlywizzly 5 часов назад +5

    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 часа назад

      Their country bans such excess payments to the individual farmers. What do you want the MNCs to do?

    • @brandonbielinski5611
      @brandonbielinski5611 Час назад

      Probably paid for by Big Chocolate lol

  • @cartman4885
    @cartman4885 Час назад

    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 3 часа назад +1

    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 4 часа назад +1

    Let's be honest here... American chocolate can barely be called chocolate to begin with lol

  • @love83forever
    @love83forever 4 часа назад +2

    How does the Ghanaian government allow them to take peoples land?

  • @JWLuke787
    @JWLuke787 6 часов назад +2

    Nooooooooooo 🤧😭😭

  • @l...
    @l... Час назад +1

    How much goes to garbage

  • @balBROni
    @balBROni 4 часа назад

    Personally my candy of choice has been nerds bites as of late 😅

  • @debbiemarquis3231
    @debbiemarquis3231 3 часа назад

    Apparently Ghana don't have a government..

  • @EdwardNY8
    @EdwardNY8 4 часа назад

    It means you should have posted this 2 weeks ago everyone already bought their candy

  • @patricksalish
    @patricksalish 4 часа назад

    I just want that M&M trolly to travel to my mouth. 🚂 👁️👅👁️

  • @domosito4472
    @domosito4472 5 часов назад +2

    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 часа назад +2

      The beans inside the white flesh are brown

    • @debbiemarquis3231
      @debbiemarquis3231 3 часа назад +1

      After fermentation..the white flesh is removed to use the seeds

    • @domosito4472
      @domosito4472 Час назад

      Ok so the flesh is white

    • @abbynarishkin9025
      @abbynarishkin9025 18 минут назад

      After fermenting and drying the beans turn brown!

  • @lutomson3496
    @lutomson3496 6 часов назад +1

    reminds me of how the diamond market is controlled..falsely like this market is...

  • @dejabu24
    @dejabu24 28 минут назад

    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 часа назад

    Thought AI replaced all the cocoa farmers.

  • @kapa1611
    @kapa1611 4 часа назад

    :/ 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 Час назад

    Chocolate bars have been getting smaller for years now

  • @KKrusher
    @KKrusher 49 минут назад

    Just use synthetic fake chocolate just like any other product nowadays. I seriously doubt manufacturers use actual chocolate beans anymore.

  • @shwanflake
    @shwanflake 2 часа назад

    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 часов назад +2

    🫘 oh no

  • @EstherCheung-i7j
    @EstherCheung-i7j 2 часа назад

    No, I don’t like the smaller bars and there is more wasted packaging

  • @EstherCheung-i7j
    @EstherCheung-i7j 2 часа назад

    Why can’t the big chocolate producers help them?

  • @creativemindplay
    @creativemindplay 2 часа назад

    Caramel. Not carmuhl.

  • @PerterAtherton
    @PerterAtherton 3 часа назад

    TIME AFRICA GET A WORTHY PRICE FOR ITS COCOA

  • @gxguy2906
    @gxguy2906 5 часов назад +2

    Good. As you grow older you realize that these things are worse than drugs!

  • @lohroc1014
    @lohroc1014 4 часа назад

    Is there anything that hasn't reached all-time high prices?

  • @Mike-qo8nm
    @Mike-qo8nm Час назад

    Eat an apple

  • @Nauticalexport786
    @Nauticalexport786 6 часов назад

    nautical export manufacturing company ❤

  • @ayushkumar-bg1xf
    @ayushkumar-bg1xf Час назад

    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 часов назад +3

    Idc!!!! Reese cups shouldn’t cost 3$..