Bitter times for cocoa farmers as chocolate market slumps

Chocolate bars may have shot up in price but West Africa's cocoa farmers are facing economic ruin.
Nasdaq

Cocoa Gains as Dry Weather Threatens the West African Mid-Crop

March ICE NY cocoa (CCH25) today is up +355 (+3.93%), and March ICE London cocoa #7 (CAH25) is up +200 (+2.71%). Cocoa prices today are sharply higher and recovered most of Tuesday's losses. Cocoa ...
Africanews on MSN

Cocoa beans rot in Ivory Coast after commodity crash

In 2024, a surge in cocoa on international markets reached more than $12,000 per metric ton, the highest in decades. Then it ...
New York Post

Chocolate prices likely to soar as African cocoa processing plants can’t afford to buy beans

LONDON/ACCRA — Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, meaning chocolate prices around ...
Nasdaq

Dry Harmattan Winds Threaten West African Cocoa Crops

March ICE NY cocoa (CCH25) today is up +92 (+0.80%), and March ICE London cocoa #7 (CAH25) is up +118 (+1.28%). Cocoa prices today are climbing for the third consecutive session, with NY cocoa posting ...