Wednesday closed up +49 (+0.61%), and May ICE London cocoa #7 (CAK25) closed up +69 (+1.12%). Cocoa prices Wednesday settled ...
“Cocoa is a market where the grower produces a very high-value good but receives a very low share of the actual value chain.
For now, traders can ride the wave of cocoa’s bull market, but the long-term implications for consumers and the industry are ...
Turning our attention to the United States, we find that the trucking industry, often considered a commodity itself, is also feeling the effects of these broader economic shifts. The U.S. trucking ...
as adverse weather conditions in West Africa and declining global stocks pushed prices up. Weak production in the Ivory Coast and Ghana, the world’s top cocoa producers, played a major role in ...
Nigeria is the world's fifth-largest cocoa producer. Concern about the Ivory Coast's upcoming mid-crop is limiting the downside in cocoa prices. The mid-crop is the smaller of two annual cocoa ...
An unparalleled rally in cocoa and coffee futures is leaving traders so cash-strapped that many no longer have enough money ...
Cocoa prices typically ranged between $2,000 and ... Full-sun’ monocrop – Ivory Coast is by far the world’s top grower, producing more than two million tonnes of cocoa beans in 2023 ...
Other large increases in supply are expected from Ghana and Ecuador, which are forecast to see supply grow by around 13% and 12%, respectively. The International Cocoa Organization (ICCO) estimates ...
The loud whirr of a chainsaw sounds through the forest as a small group of farmers gathers around a tree filled with red seed ...