-- Valuable cocoa beans pour from the pipe of what looks like a small train making its way through tropical fruit trees in Brazil, leaving only husks on the ground.Mark Zuckerberg’s Wealth Exceeds Elon Musk’s for the First Time Since 2020
The giant trading company is among the groups working with new technology to grow cocoa in atypical areas in Brazil. After a recent agreement with farmers from the savanna region of Cerrado, Cargill is now in talks with chocolate makers, looking to build partnerships with farmers for a next phase in cocoa investments.Brazil produces less than 5% of global cocoa supplies, and is currently a net importer of beans.
Several farmers working with the new techniques say productivity can reach about 3,000 kilograms per hectare, much higher than the national average of 491 kilograms per hectare. “Producers are motivated to plant even more,” De Martins said. “The cocoa price level has changed, and I don’t believe we’ll see low prices for the next couple of years.”Even PepsiCo Inc. is upbeat about cocoa in Brazil. The company — which uses cocoa in an instant chocolate drink that’s popular in Brazil — saw good results after trying cocoa plantations in combination with coconut trees located at some of Brazil’s driest regions.
MONTREAL -Canadian Airbus A220 assembly workers on Sunday rejected a second company offer, raising concerns over production of the money-losing jet. Airbus is seeking to expand production of its smallest commercial jet, as it rides a broader wave of orders from airlines coping with a rebound in travel demand from the COVID-19 pandemic.
The judge overseeing Donald Trump's criminal hush money case quashed a last-minute subpoena by defense lawyers Friday, writing that the former president's request was the "very definition of a fishing expedition." Trump's lawyers last month subpoenaed NBCUniversal for materials related to their documentary about adult film star Stormy Daniels, which was scheduled to be released one week before the case's original trial date of March 25.
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