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Barchart on MSNBeneficial Rain in West Africa Hammers Cocoa PricesThursday closed down -441 (-4.11%), and July ICE London cocoa #7 (CAN25) closed down -354 (-4.75%). Cocoa prices plunged on ...
July ICE NY cocoa (CCN25) Friday closed up +641 (+6.25%), and July ICE London cocoa #7 (CAN25) closed up +385 (+5.24%). Cocoa prices soared Friday, with NY cocoa posting a 3-1/4 month nearest ...
Cocoa prices today are sharply lower on signs that improved weather conditions in West Africa are benefitting the cocoa crops in the Ivory Coast and Ghana, the world's two largest cocoa producers.
Cocoa prices Wednesday surged to 1-month highs on signs of a weak mid-crop cocoa harvest in West Africa. According to Rabobank, late-arriving rains in the region have limited crop growth ...
But on the ground in West Africa, among the thousands of smallholder farmers who supply about two-thirds of the world’s cocoa, the reality is far more complicated. Bloomberg reporters drove some ...
For the roughly two million cocoa farmers in West Africa, the soaring price of cocoa has mostly not been reflected in wages. Reduced yields and rising farming costs are also preventing farmers ...
Although it’s lost much of its spiritual significance since then, cocoa remains a coveted foodstuff. Unfortunately, the indulgent image the commodity evokes in modern consumers is a far cry from the ...
I cover food and agribusiness and have a special interest in sustainable supply chains, food safety and quality, as well emerging players and trends in the food industry. A background in forestry ...
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