Cocoa closed out 2024 ahead of every major commodity, after a year of poor weather and weak harvests sparked a triple-digit gain for the bean. Cocoa gained about 172% in the past year, briefly ...

(Bloomberg) -- Cocoa is finishing 2024 as the top-performing major commodity, its massive annual gain driven by supply fears and market volatility. On track for a 172% gain over the past 12 months ...

Coffee and cocoa are expected to be two commodities with some of the largest price hikes this year, after both products experiencing significant worldwide shortages. Cocoa prices have jumped 167 ...

And it may be all thanks to a tiny bug which is devastating the health of cacao trees in West Africa. Image used for representational purposes/AP Cocoa prices have reached record highs over the past ...

Meanwhile, export earnings from cocoa beans and products rose significantly, reaching RM12.09 billion from January to October 2024, compared to RM8.20 billion in the corresponding period last year ...

All around are people in lab coats, working on the front lines of biology and cell engineering “We harvest cells from a cocoa bean,” explains Noemi Weiss, a biotechnologist and project leader.

which has curbed output and deepened a global shortage of beans. Growers in West Africa, who produce more than two-thirds of the world’s cocoa, have faced a double blow of disease and adverse ...

Price of cocoa beans in Nigeria has increased by 733 per cent between January and December 2024 from N1.8 million to N15 million, as the global price continues to surge over poor weather and diseases.

The event, known for its festive atmosphere and unique twist on traditional holiday cheer, is in its 16th year on the shores of Florida's Space Coast. What began as a family gathering on the beach ...

“We harvest cells from a cocoa bean,” explains Noemi Weiss, a biotechnologist and project leader. “These are placed on a nutrient gel, where they start to regenerate and form a ...

Farmers in Ghana, the world's second-largest cocoa producer after Ivory Coast, began hoarding their beans in anticipation of higher prices, which added to the supply shortage. The Ghanaian ...