(Bloomberg) -- Cocoa futures climbed above $12,000 a ton in New York, reaching a fresh record amid mounting worries over reduced output in top grower Ivory Coast. The most-active contract rose as ...

Ghana and Cote d'Ivoire, which produce about 60% of the world's cocoa, are at the heart of this market upheaval. In April 2024, cocoa prices surged to nearly $10,000 per ton, a historic peak ...

PRICES of agricultural commodities cocoa and coffee are expected to ease from historical highs recorded in 2024, but remain elevated amid supply disruptions. The El Nino phenomenon this year was the ...

Global cocoa prices have skyrocketed in 2024, reaching unprecedented levels amid persistent supply shortages and adverse weather conditions. Key producers like Ghana and Ivory Coast, which account ...

The Federal Government has warned against sharp practices in cocoa production, noting that it will lead to losses and rejection in the international market. The Minister of Agriculture and Food ...