As we have long said, we buy from many sources around the world.”, With barely two weeks for Ghanaians to go to the polls, a lot is happening on the political platforms. Asked by to just-food to respond to that report, a Hershey spokesperson said: “These accounts and guesses about volumes are speculation and not accurate. Using 100% premium Ghana cocoa butter (as sold by us), the golden tree brand of Kingsbite milk chocolate is one of the most luxurious bars of chocolates prepared to the highest standards. Ghana and Cote d'Ivoire want to improve price paid to farmers Ghana has reportedly accused some in the chocolate industry of a "ploy to derail" government attempts… Powered by GhanaVisions a Devace Inc Presence. We encourage and support all efforts by Côte d’Ivoire and Ghana’s governments to improve the standards of living for cocoa farmers. Made from the finest Ghanaian Cocoa, Omama Royal Chocolate is the best for you. The company said: “This includes supporting and participating this year in the Ivorian and Ghanaian living income differential as we buy 2020/2021 season cocoa based on the needs of our business. However, we do not discuss specific details for competitive reasons. Copyright 2015 - 2020. Your email address will not be published. Meiji Chocolate Milk, 4.58 Ounce 4.3 out of 5 stars 213. CHOCOLATE CHIPS (200 grams), unit price per item in Ghana Cedis (GHS) Dark Chocolate Chips (30.00) 71.5 percent dark chocolate Milk Chocolate Chips (30.00) In addition, Barry Callebaut is implementing projects on the ground to support farmer livelihoods.”. “While we do not discuss details of our specific buying and hedging activities, we buy cocoa from a variety of suppliers and sources to meet our ongoing business needs. The US giant added: “While some in the industry are accelerating progress toward a modern, sustainable cocoa supply chain, others are not doing enough and must go further and faster. Lotte Dream Cacao 72% Chocolate 86G X6 4.7 out of 5 stars 4. That is why we were one of the first companies to pay the LID when it was introduced last year. The living income differential will help improve farmers’ living income and complement our work to improving the lives of farmers and their communities through our Nestlé Cocoa Plan. In July, Ghana and its west African neighbour Côte d’Ivoire, which produce the majority of the world’s cocoa, introduced a “living income differential” (LID) on all cocoa sales for the 2020/21 season. PLEASE NOTE THAT THESE CHOCOLATES MAY CONTAIN TRACES OF PEANUT. The cocoa at the NY exchange is older and pre-dates the implementation of the LID. Providing a rich balance of protein, carbohydrate, lipids, vitamins and minerals Choco Delight is a healthful snack for any time of the day. All 2020/2021 cocoa purchased within our supply chain since the implementation of the LID in west African countries includes this price premium. It’s 100% premium Ghana Cocoa which come in various sizes and favours. Sometimes our purchases are based on hedging pricing fluctuations in the market and sometimes our purchases are based on ensuring sufficient supply to meet our needs well into the future, especially in times of uncertainty.”. Our conclusions show a significant annual income gap for cocoa farmers in Ghana and Cote d’Ivoire that will require collaboration across the sector and beyond to address.”. Mars said it, too, “supports the living income differential” and the Snickers supplier said it was “one of the first companies to purchase the 2020/2021 crop under the LID”. Also, most of the cocoa at the NY Exchange is not west African cocoa. Enjoy your chocolates carefully with every bite. “Any brand that is seen not to be serious in accepting the LID by mid-December 2020 must consider all its cocoa beans from Ghana and Cote d’Ivoire as conventional. just-food asked the world’s largest consumer-facing chocolate companies what they made of Aidoo’s comments, what actions they were taking to pay the LID, whether they paid the premium on all beans sourced from Cote d’Ivoire and Ghana and if they were aware of companies not paying the higher price. Every year, we invest about CHF40m (US$43.8m), including a premium payment to farmers, training on best agricultural practices, access to quality education, and women financial support. … Lotte Ghana Black Chocolate Extra Cacao Japan Snack Dagashi 4.7 out of 5 stars 8. Mars believes cocoa farmers should earn sufficient income to maintain a decent standard of living and we support moves by governments to achieve that, provided a transparent process that ensures additional income reaches farmers and appropriate governance is in place to ensure there is no improper expansion of land use to grow cocoa.”. $30.79. Mars’ US peer Hershey said it had “long supported initiatives that improve the incomes and livelihoods of farmers”. Beans sold prior to the implementation of the LID would not include the premium. Save my name, email, and website in this browser for the next time I comment. A spokesperson for KitKat maker Nestlé added: “We strongly believe cocoa farmers should earn an income that allows them to maintain a decent and adequate standard of living for them and their families.