Brazil Cocoa Expansion Stalls as Prices Crash 70%

2026-03-12 - 13:53

Key Points — Brazilian farmers have halted new cocoa planting projects after prices collapsed from over $12,000 per tonne in late 2024 to around $3,000 in March 2026 — a 70% decline that has rendered industrial-scale expansion economically unviable. — An estimated 75,000 hectares of planned irrigated cocoa fields in northeastern Brazil — backed by