Cocoa was the best-performing commodity in 2024 ... at helping farmers—and a fast-moving virus that has ravaged their plants.
But as prices soared to record levels, Sackey pulled up his cocoa trees, which had been decimated over the past two years by cacao swollen-shoot virus, a disease that causes root necrosis and is ...
ICE NY cocoa (CCH25) today is down -111 (-0.95%), and March ICE London cocoa #7 (CAH25) is down -148 (-1.58%). Cocoa prices ...
Cocoa was the best performing commodity in 2024, outpacing even bitcon, as prices surged 132 percent, hitting a record high of ...
March ICE NY cocoa (CCH25) Tuesday closed up +168 (+1.46%), and March ICE London cocoa #7 (CAH25) closed up +29 (+0.32%). Cocoa prices on Tuesday added to Monday's sharp gains. Crop production ...
Consequently, as disease ravaged farms and production plummeted, farmers begun replacing cocoa trees with more sustainable palm oil plants, further exacerbating supply issues for confectionary ...