Stage 2: Selling Cacao The second stage in turning cacao into chocolate takes place when farmers sell their crops through the Coffee, Sugar, and Cocoa Exchange.
Like many agricultural products, cacao is traded on the futures market. Peoplecandy manufacturers, cocoa importers, exporters, and representatives of trade housesbuy and sell contracts for cacao crops before they are even harvested!
This is different from cash markets where the actual commodity, or product, is bought and sold.