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 ...
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 ...