Uganda: Farmers hire gunmen to guard cocoa farms as prices soar

Published 2024년 5월 1일

Tridge summary

Cocoa prices have reached a 10-year high due to reduced production in Ghana and Ivory Coast, the world's largest cocoa producers, caused by dry weather. This situation has led to an increase in cocoa theft in Uganda, with up to 30% of the country's cocoa beans stolen. As a result, farmers are hiring private security and dogs to protect their cocoa crops, making it a lucrative target for thieves.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Global cocoa prices have reached their highest point in over a decade as dry weather hinders farming in Ghana and Ivory Coast, the biggest producers of cocoa in the world. Some farmers in Uganda have hired gunmen to protect their cocoa as thieves attempt to cash in on the crop's increased value. Global cocoa prices have reached their highest point in over a decade as dry weather hinders farming in Ghana and Ivory Coast, the biggest producers of cocoa in the world. According to Mutanga Grace, a Ugandan cocoa farmer and CEO of Mkulima Exports Uganda, roughly 30% of the cocoa beans produced in the East African country are being stolen. - Advertisement -He told BBC Newsday that farmers in the country are forking out armed ...

Source: All Africa