Summary
The conversation delves into the significant impact of climate change on cacao production, particularly in Africa, where extreme weather conditions are affecting yields. This decline in production has led to increased prices and market speculation, highlighting the interconnectedness of agriculture and global markets.
speaker bio
Keith Bearden leads Alter Eco, a trailblazing chocolate brand that proves sustainability can scale profitably. From navigating cocoa supply volatility to pioneering regenerative farming practices, Keith’s story is one of bold transformation—for people, planet, and the food economy.contact
www.alterecofoods.com
www.linkedin.com/in/keith-bearden-736821
Takeaways
60% of the world's cacao comes from Africa.
Monocrop plantations have been clear cut for cacao production.
Climate change is causing extreme weather that affects cacao yields.
In 2023, cacao yields from Africa were significantly down.
Supply and demand dynamics are driving cacao prices up.
Speculators and traders are influencing the cacao market.
The cacao industry faces challenges due to climate extremes.
Sustainability in cacao production is becoming increasingly important.
Market fluctuations can have global implications for food security.
Understanding the cacao supply chain is crucial for addressing these issues.
Chapters
00:00 Introduction to Sustainability and Alter Eco
04:04 Keith Bearden's Journey to Regenerative Leadership
07:12 Tangible Impact of Regenerative Agriculture
10:03 Fair Partnerships with Farmers
12:56 Navigating Cacao Price Volatility
15:38 The Chocolate Production Process
17:40 Transparency and Consumer Responsibility
20:10 Sustainability as a Journey
23:02 Circular Economy Innovations
24:08 Utilizing Technology for Sustainability
24:26 Embedding Purpose into Profit
26:01 Final Thoughts and Consumer Choices