Rising temperatures and shifting rainfall patterns in West Africa, which supplies around 70% of the world's cacao, are ...
Prices of cocoa surged by 136% between July 2022 and February 2024, and climate extremes in West Africa’s cocoa belt, which produces 70% of the world’s cocoa, are partly to blame.
It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter ...
If urgent action isn’t taken, key cocoa-producing regions like Ivory Coast and Ghana — responsible for 60 percent of the ...
Cocoa prices rallied sharply on Thursday due to West African cocoa crop concerns. Cocoa farmers in the Ivory Coast and Ghana, the world's two biggest cocoa-producing countries, said spotty ...
Chocolate prices are up and expected to increase throughout the year after catastrophic weather and crop disease in West Africa reduced cocoa supplies to historic lows. “We see the chocolate ...
Climate change is having a significant impact on cocoa production in West and Central Africa, according to a study by Wageningen University & Research (WUR). The region accounts for more than 70% ...
As Valentine's Day approaches, the craving for chocolate intensifies. But chocolate continues to face a significant challenge: Climate change is threatening cacao production, particularly in West ...
March ICE NY cocoa (CCH25) today is down -107 (-0.92%), and March ICE London cocoa #7 (CAH25) is down -131 (-1.43%). Cocoa prices today dropped to 1-week lows as weekend rains in the Ivory Coast ...
ICE NY cocoa Thursday closed up +375 (+3.75%), and March ICE London cocoa #7 closed up +164 (+2.05%). Cocoa prices rallied sharply on Thursday due to West African cocoa crop ...
Climate change is substantially affecting cocoa production in a region of Africa that accounts for more than 70% of global ...
Years of bad weather in the key cocoa-producing region of West Africa and the cocoa swollen shoot virus disease have hampered ...