International records / Foreign Relations of the United States

258. Information Memorandum From the Assistant Secretary of State for Economic Affairs ( Johnson ) to the Under Secretary of State for Economic Affairs ( Mann )

reach 8 months’ supply by the end of this crop year. Present low prices will stimulate consumption after a 6–9 month time lag, but it will be some years before demand begins to balance prospective supply. The situation of the cocoa producers (Ghana, Nigeria, Brazil, Ivory Coast, Cameroon), therefore, may be described as bad, and likely to get worse. Despite this, several of them are expanding cocoa plantings. Since World War II cocoa prices have fluctuated widely. A poor crop in 1953–54 sent prices to 73 cents a lb. When prices plunged thereafter to 30 cents, there was pressure from the Africa…

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Source	Foreign Relations of the United States
Collection	International records
Kind	Document
Publisher	US Department of State, Office of the Historian
Date	1965-03-12
Type	diplomatic document (FRUS)
Details	Foreign Relations of the United States, 1964–1968, Volume IX, International Development and Economic Defense Policy; Com
Found at	https://history.state.gov/historicaldocuments/frus1964-68v09/d258
Archived copy	Look it up in the Wayback Machine
Record ID	`frus:frus1964-68v09/d258`

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258. Information Memorandum From the Assistant Secretary of State for Economic Affairs ( Johnson ) to the Under Secretary of State for Economic Affairs ( Mann ). Foreign Relations of the United States, 1965. Vero Archive, record frus:frus1964-68v09/d258.