Ivory Coast cocoa producers end chocolate war with Hershey's

Abidjan (AFP) – Ivory Coast’s cocoa producers have ended their row with Hershey’s after the US chocolate giant committed to paying a premium above the market price under an initiative to help lift the incomes of poor farmers, according to a letter to the firm. Ivory Coast and Ghana, the world’s number one and two cocoa producers respectively, on Monday accused confectionery giants Hershey’s and Mars of sidestepping a deal to pay the living income differential (LID), a bonus of $400 per tonne of cocoa, the raw material for chocolate. Millions of small farmers in Ivory Coast and Ghana, which tog…

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