Cargill announces agreement with Algar Farming in cocoa

Cargill announced an agreement with Algar Farming to promote productive restoration through cocoa planting. The project will be carried out at Fazenda Pacajá, in Pará. The property has a total area of ​​145 thousand hectares, with 142 thousand hectares maintained as native forest. The project involves an area of ​​3 thousand hectares that was previously destined for pasture and will now be restored using productive restoration models, including agroforestry systems.

In the first phase, which will be implemented between 2024 and early 2025, 100 hectares of cocoa will be planted to define the ideal model to prepare for the planting curve in the following years. In total, 3 hectares will be planted, 2.550ha of cocoa and 450ha of forest harmonized with the environment, to promote ecological corridors and a positive environmental impact on landscapes.
 

In addition to large-scale production of the fruit, the initiative has environmental and social potential for the region. The project also promotes the generation of almonds native to the Amazon region, expanding cocoa production and spreading the sustainable planting model.
 

The partnership is expected to result in the production of 5 thousand tons of cocoa per year. Throughout the partnership, Cargill will offer technical consultancy, acting as a credit facilitator and guaranteeing the purchase of cocoa produced, providing a favorable business environment.
 

“With a partnership of more than ten years, Cargill and Algar Farming are together again in another project of great relevance, both for the cocoa segment and for national agribusiness. We believe that cocoa restoration in degraded pasture areas is a model with strong environmental and productive benefits, and partnerships like this are especially relevant precisely because they enhance the culture in Brazil, contributing to national self-sufficiency”, highlights Laerte Moraes (left on the left). photo), general director of Cargill's "Food Solutions" in South America.
 

Algar Farming, the project's investor, is already involved in sustainable forest management and this partnership represents another opportunity to generate value for the business.
 

“This project has several aspects that are aligned with our strategy, the first of which is the diversification of the portfolio, becoming another business within Algar Farming, in accordance with our quest to bring products with different market fundamentals than those we have already produced. The second is to invest in a culture that is fully connected with the Amazon environment. Another interesting point is that this is a high value-added production, with high deliveries in terms of revenue and results, especially in a small area, considering that Brazil is still an importer of cocoa. With Cargill as a partner, we secure our sales channel with a purchasing partner who also supports us technically”, says Marlos Alves (right in the photo), CEO of Algar Farming.