The price of cocoa dropped sharply after reaching a record high, and the decline is having severe effects on millions of farmers in West Africa; cocoa harvests are being lost due to spoilage and farmers' earnings are decreasing sharply.
Cocoa price plunge hits West African farmers
Record‑high prices have fallen sharply, leaving millions of West African cocoa growers facing lost harvests and falling incomes, according to a Deutsche Welle report.
