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COCOA MID CROP
Why a strong El Niño leaves tropical commodities acutely exposedForecasters anticipate a strong El Nino developing later this year, likely boosting global temperatures and disrupting rainfall patterns. T...- El Nino, Strait of Hormuz risks may fuel fresh global food inflation surge: Citi Research ReportGlobal food prices are set to rise. Citi Research warns of increased inflation risks. Potential disruptions in the Strait of Hormuz and wor...
- Nations race to secure enough fertilizer and prevent food crisisSurging fertilizer prices, particularly for urea and phosphate, are impacting major agricultural economies, with top exporters curbing sale...
- Christmas chocolates still costly despite falling cocoa prices – here’s whyChocolate prices stay high even though cocoa costs are falling. Last year, cocoa jumped, making makers raise prices and change recipes. Com...
- Cocoa prices are plunging. Why then is chocolate still so expensive?Producers and analysts expect cheaper cocoa to only start feeding through to supermarket aisles in the second half of next year, and even t...
- Trump's tariffs give chocolate makers in Canada, Mexico an edge over US firmsU.S. President Trump's tariffs on imported cocoa, intended to boost domestic manufacturing, are instead raising costs for American chocolat...
- Ivory Coast's mid-crop cocoa output expected to drop around 40% due to long drought, exporters sayFarmers expect production between 280,000 and 300,000 metric tons, down from last season's 500,000 tons.
- Cash crunch stalls cocoa and coffee trading around the worldA surge in cocoa and coffee futures prices has strained traders' finances, hindering global shipments. Rising costs and financing difficult...
- Scientists warn of climate threat to chocolateA new report found that "climate change, due primarily to burning oil, coal, and methane gas, is causing hotter temperatures to become more...
- Your cup of morning joe is about to shock youIf anything, the only question is why retail coffee prices aren’t much higher already. In nominal terms, wholesale green coffee beans are c...
- Ivory Coast bans some cocoa sales in another threat to marketIvory Coast takes steps to secure scarce cocoa supplies for local processors, potentially restricting bean exports and tightening the globa...
- Robusta coffee rises most since 2010 on Vietnam rain concernsCoffee futures rose, with robusta in London rising to the highest levels since the year 2010 amid concerns around supply from Vietnam.
- Why prices for chocolate and cocoa went nutsFor much of the past decade, the price of cocoa in one key global benchmark hovered around $2,500 per metric ton.
- Cocoa extends gains as supply shortage keeps price near recordPrices have surged this year — recently exceeding $10,000 a ton — as poor West African harvests put the world on course for another annual ...
- Chocolate could get even pricier if Africa’s cocoa crop flopsAnalysts at Rabobank and Marex expect West African output to drop in the 2023-24 season. Marex forecasts the global deficit at 279,000 tons...
- Robusta coffee hits record high, cocoa also climbs; lack of sales from Brazil causes surgeRobusta coffee futures have hit a record high due to limited supplies, with dealers reporting that Indonesia's No. 2 export crop has left b...
- How did the bitter medicine cacao turn into the world’s number 1 comfort food chocolate?In 16th century Latin America, cacao was used as a currency.
- El Nino weather hits many crops, boosts soybeans, Japanese-led study showsThursday's study said mean maize yields fell 2.3 % in El Nino years compared to normal in 1984-2004, rice was down 0.4% and wheat 1.4 %
- Vietnam coffee harvest to drop 9.4% on dry weatherCoffee production in Vietnam is poised to decline from a record as dry weather cuts yields, bolstering prices.
- Cash crops sink; plantation economy in tattersThe prolonged heavy rains are likely to affect the production of major cash crops and hit the plantation economy of south India hard.
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