Cocoa producers in Altamira, Brazil, are exploring technological alternatives to sustain production as almond prices fall significantly below production costs.
In Altamira, located in the southwest of Pará, cocoa producers from the Transamazonica and Xingu regions are engaging in discussions about how to maintain productivity amid a steep decline in almond prices. Industry representatives note that the average cost for producing one kilogram of dry almonds ranges from R$ 18 to R$ 20, while current selling prices hover around R$ 12 per kilogram, a stark contrast to previous years when prices peaked at nearly R$ 70 per kilogram during periods of higher demand.
The Transamazonica region accounts for about 85% of Pará's cocoa production, making the state a key player in the national market, contributing roughly 38% to Brazil's total cocoa output. As the peak harvest season approaches in May, many local producers are expressing anxiety over profitability and whether they will be able to cover their production costs. This situation underscores the challenge faced by many producers who are now seeking innovative and verticalized approaches to their farming practices.
Despite the adversities posed by price fluctuations in the market, local cocoa growers are focusing on technology integration and sustainability measures to adapt to the ongoing economic situation. By enhancing their farming techniques and exploring better market access options, they aim to mitigate losses and ensure the future viability of their cocoa production in a highly competitive industry.
