Our longtime partner ÖKO Caribe, a processor of cacao beans in the central region of the Dominican Republic, was less impacted by 2022's Hurricane Fiona than our other cacao grower partner in the DR, Finca Elvesia. They had a strong production year in 2023 until the crop slowed way down near the end of the large harvest period. Production is expected to be reduced over the coming year driven by El Nino weather patterns, but we look forward to continuing our partnership.
-- 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