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 ...

with NY cocoa posting a 2-week high and London cocoa posting a 1-month high. Crop production concerns in West Africa are underpinning cocoa prices as forecaster Maxar Technologies said this year ...

Cacao cultivation is a major threat to the Congo Basin rainforest, with new research showing just where expanding cultivation ...

Cocoa prices today are soaring on crop production concerns in West Africa. Some Ivory Coast and Nigerian cocoa farmers reported that cocoa trees are beginning to suffer the effects of the ...

Cocoa production in the West African country peaked in 2021, with output of over 1 million tons of beans. But it has been in rapid decline ever since, hitting its lowest level in decades last season.

Edible oil prices were mixed in 2024. Nearby March soybean oil futures fell 16% despite strong export sales early in the ...

Ivory Coast, the world’s biggest cocoa grower, dismissed two military officials and other local government personnel amid ...

The rally was primarily fuelled by adverse weather conditions in West Africa, home to 70 per cent of the world’s cocoa production. Key cocoa-producing nations like Ivory Coast and Ghana faced droughts ...

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 ...