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ICE NY cocoa (CCN25) today is down -434 (-4.22%), and July ICE London cocoa #7 (CAN25) is down -455 (-6.41%). Cocoa prices ...
Thursday closed down -441 (-4.11%), and July ICE London cocoa #7 (CAN25) closed down -354 (-4.75%). Cocoa prices plunged on ...
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.
Short covering emerged in cocoa today due to weather concerns in West Africa. Several Ivory Coast cocoa farmers said that strong winds had knocked down cocoa trees on some farms, and Nigerian ...
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 ...
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 ...
Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. Struggling cocoa farmers in West ...
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 ...