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 ...