Jakarta \u2014 Indonesia\u2019s Deputy Agriculture Minister (Wamentan)\nSudaryono, commonly known as Mas Dar, has stated that global cocoa\nprices are rising due to reduced supply from various countries.<\/p>\n
Mas Dar said the decline in supply stems partly from cocoa plantation\nland in Africa being converted for mining operations.<\/p>\n
\u201cCocoa prices are currently high because in other cocoa-producing\nregions globally, such as Africa, agricultural land is being repurposed\nfor mining,\u201d Mas Dar said when met at the Agriculture Ministry office in\nJakarta on Thursday (12 March 2026).<\/p>\n
Armed conflicts have also contributed to rising cocoa prices in the\nglobal market.<\/p>\n
According to Mas Dar, the decline in cocoa supply from Africa creates\na market opportunity for Indonesian cocoa, which ranks among the\nnation\u2019s flagship commodities.<\/p>\n
\u201cThis is an opportunity for us, as cocoa is also a key commodity for\nour country. This is very important,\u201d said Mas Dar.<\/p>\n
The government is channelling Rp9.95 trillion for the rejuvenation of\nseveral commodities over a three-year period. This funding is\ndistributed to farmers across the timeframe.<\/p>\n
The funding aims to drive increased production of plantation\ncommodities with significant impact on farmers and strong global market\ndemand.<\/p>\n
\u201cWe rejuvenate the seeds to be appropriate and standardised, with\nproper management practices, resulting in higher productivity and\ngreater farmer prosperity,\u201d Mas Dar explained.<\/p>\n
Mas Dar stated that factory development does not use State Budget\n(APBN) funds, but rather capital from the Danantara Investment\nManagement Board (BPI) and the private sector.<\/p>\n
\u201cDanantara leads the initiative, involving the private sector and\nfarmers. Total investment in this downstream industrialisation is Rp371\ntrillion,\u201d said Mas Dar.<\/p>\n
Products from plantations are processed into finished goods and sold\nto export markets at significantly higher prices than raw materials.<\/p>\n
The project, involving Rp371 trillion in investment, encompasses\nplantations and the development of an integrated poultry industry\necosystem.<\/p>\n
\u201cWe increase production, but this must be paired with industrial\ndevelopment. The industrial component uses an investment scheme\nstructure, not APBN funding,\u201d Mas Dar concluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/cocoa-plantations-in-africa-converted-to-mining-as-global-cocoa-prices-rise-1773298380", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }