Vanilla is among the world’s most costly spices as a result of it is so labor-intensive to develop. Madagascar is answerable for 80% of the world’s provide. And there, every vanilla orchid blooms for simply someday a 12 months. Farmers must hand-pollinate every flower as a result of the plant is not native to the island. Lately, the powerful work has paid off, as vanilla costs soared to $600 per kilo in 2018.
However why, if vanilla outpriced silver, are Madagascar farmers nonetheless in poverty? Farmers face fluctuating costs, unfair cuts of income, and vanilla thieves stealing their crops. We head to Madagascar to see how farmers try to guard their “inexperienced gold.”
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Vanilla Is The 2nd Most Costly Spice. So Why Do Madagascar’s Farmers Reside In Poverty? | Large Enterprise | Enterprise Insider
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