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In a Global Chocolate War, It’s Hershey Against West Africa (1)

Dec. 1, 2020, 9:17 PM

Some in the world’s chocolate markets see a hefty premium charged by the largest cocoa producers as a blunt instrument wielded by the OPEC of confections -- a tool of a faraway cartel that artificially inflates the price of a precious ingredient.

To the leaders of Ivory Coast and Ghana, where most of the world’s cocoa is actually produced, the argument is something else entirely: a lifeline for farmers and entire economies that would otherwise be held hostage to the vagaries of global commodities markets.

Now those competing viewpoints -- globalization reduced to a chocolate bar -- have collided in ...