Hurricane Fiona struck the Dominican Republic on September 18, 2022.
Fortunately, the team and all the farmer partners of OKO Caribe weathered the storm without injury, and luckily their farms were less impacted in the central region of the Dominican Republic, where OKO Caribe is located. Most of the trees lost all the flowers that were growing (flowers eventually become cocoa pods) but most farms did not lose overstory trees, and only minor farm cleaning and maintenance was required as a result. Though the 2022 harvest was largely completed, we expect to see a slow start to the winter crop and a strong main harvest in 2023.
-- Alex Whitmore, Taza CEO
Visiting ÖKO Caribe
Our most recent in-person visit to ÖKO Caribe was in June 2022.
*Price based on FOB terms and equal to the negotiated fixed price or to the negotiated premium plus the world market price on the day the contract is closed
**Price the individual farmer receives for their cacao prior to its further processing, packing and export. Taza's 2016 Transparency Report, "Let's Talk Price" provides an in-depth exploration of the topic
*** Wages are paid in local currency and are translated into USD, but are not adjusted for purchasing power or a country's cost of living. Where a range is given, wages vary based on type of work and skill and experience level. In all cases, our Partners pay employees at or above their country's minimum wage