135% increase in cocoa prices changes agriculture in Bahia and Pará, Brazil

Good news for 90,000 cocoa producers, mostly family farmers and landowners with up to ten hectares in Bahia and Pará: the year ends with record prices and the trend is for an increase in 2025. No agricultural product has risen as much as cocoa on the world market. It was the star of the year in agriculture — prices increased 135% in 2024. In the week before Christmas, it reached a level of 12,605 dollars per ton, equivalent to 75 thousand reais. During the year, cocoa appreciated twice as much as coffee, which increased 70%. Chocolate products are likely to become even more expensive in 2025: the price of cocoa remained high in the last round of negotiations of the year, on Monday (30/12), on the New York and London stock exchanges. It was sold at 11,507 dollars per ton, equivalent to 69 thousand reais. This is a relevant fact for a segment of family-based agriculture, with production concentrated in Bahia and Pará. And it is, above all, good news for the legion of Brazilian ...