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Cocoa futures rose in New York and London, trimming a weekly decline, as the market grapples with the prospect of sufficient short-term supplies being followed by a deficit in the season ahead
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Cocoa historical (courtesy MRCI)
Cocoa OD/ID that gave nothing and now a 3 bar....Softs can bee hot and cold, but when they are hot, they are VERY hot!
Ghana’s cocoa industry regulator proposes raising farmer pay by about 6% for the new season
Ghana’s cocoa output could tumble by more than a third as adverse weather and disease stresses trees, its state-run exporter said
The global cocoa market is poised to face a supply shortfall for the first time in three years as a strengthening El Niño threatens production across key growing regions, according to Asia’s top processor
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The process of cocoa becoming chocolate.
