BMI (a unit of Fitch Solutions) on Thursday revised up its price forecast for ICE-listed second-month cocoa futures to $7,600 ...
are vital to achieving sustainable cocoa production in West Africa where 70% of the world cocoa is produced. Climate change induced drought means that it is ever more critical to adapt farming ...
Cocoa was the best-performing commodity in 2024, outpacing even bitcoin, but that hasn’t stopped farmers from abandoning the crop. Farmers in the top cocoa-producing region of the world are ...
Cacao cultivation is a major threat to the Congo Basin rainforest, with new research showing just where expanding cultivation ...
Cocoa prices today added to Monday's sharp gains. Crop production concerns in West Africa are fueling fund buying of cocoa futures after some Ivory Coast and Nigerian cocoa farmers reported that ...
Cocoa prices soared Monday and nearly recovered almost all last week's sharp losses. Crop production concerns in West Africa fueled fund buying of cocoa futures Monday after some Ivory Coast and ...
Ivory Coast, the world’s biggest cocoa grower, dismissed two military officials and other local government personnel amid ...
Edible oil prices were mixed in 2024. Nearby March soybean oil futures fell 16% despite strong export sales early in the ...
waiting to ramp up production if cocoa crop yields continue to plummet in West Africa. The ICCO's Nardella noted that "while production in Africa has decreased, it remained constant in Asia and ...
Cocoa’s rally has soared past all major ... Prices have almost tripled as faltering production in West Africa — the world’s biggest growing region — spurred massive supply shortages.
Cocoa futures surged on renewed supply fears as concerns over crops in West Africa persist, resuming a rally that has made the chocolate ingredient one of the hottest commodities of the year. The ...