Cocoa Commodity is a Member of the Grown Commodity Group

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The most important producers of Cocoa Commodity are the Ivory Coast, Ghana, Malaysia and imported primarily by rich industrialised countries such as the USA and Europe. https://bit.ly/2Q2NPkV

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Cocoa Commodity is a Member of the Grown Commodity Group:

Cocoa Commodity is a Member of the Grown Commodity Group

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Cocoa Commodity is a food derived from the dried and fermented seeds (beans) of the obroma Cacao plant, which means “food of the gods” in Greek. It’s primarily used to make chocolate. The Mayans first cultivated cocoa trees more than 5,000 years ago and made a ritual beverage from the seeds. In the 15th century, Spain began to acquire cocoa, and by the 17th century cocoa’s popularity had spread throughout Europe. Cocoa is the name given to the seeds of the cocoa tree and the powder produced from these. The Cocoa Commodity tree is an evergreen tree with the biological name “ Theobroma cacao” (food of the gods), which is resident in the tropical rain forest and can reach a height of 15 metres . Cocoa powder is needed to produce chocolate and is one of the most important export commodities from the developing countries.

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The cocoa plant is relatively demanding. It only grows on nutrient-rich soil at temperatures in excess of 16 degrees. It also requires large amounts of water. The only regions which are suitable for cultivating cocoa are the warmest and rainiest tropics between the 20th parallel north and the 20th parallel south. Although there are around 20 different species of cocoa, only two species are used to produce chocolate: Criollo and Forastero . Criollo makes up just 15 per cent of the world’s cocoa output, but it is the most expensive and highest quality cocoa species. Its producing regions are in South America. The most important producers of Cocoa Commodity are the Ivory Coast, Ghana, Malaysia and Brazil. Cocoa is imported primarily by rich industrialised countries such as the USA and Europe. Within Europe, Germany is one of the main importers of cocoa.

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Cocoa Commodity was discovered over 3,000 years ago. The Mayas and the Aztecs worshiped the cocoa tree and used a drink made from its fruits in religious rituals. The tremendous importance of cocoa is also apparent from the fact that they sacrificed gold, precious stones and cocoa to their dead. Cocoa beans were also used as a means of payment. In Europe, chocolate was a luxury product for a long time and could be found in every noble household from the baroque era onwards. In England, however, chocolate was already being consumed by ordinary citizens, while in Italy, France and Germany it was still reserved to royalty. Spain held the monopoly on cocoa until 1728, when it relinquished control of the cocoa trade to Holland. When, during the 19th century, the middle classes rose up against the nobility, drinking chocolate was initially forgotten. It was not until the industrial revolution that cocoa and products produced from it enjoyed a resurgence in popularity.

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