Cocoa

World Bank To Grant Ivory Coast Budget Aid As Cocoa Price Slumps

The World Bank will grant Ivory Coast $100 million to $125 million in budget support in the coming months as a sharp drop in cocoa prices hurts the finance...

It's Time To Load Up On Chocolates Before Cocoa Prices Rebound

Cocoa’s 42% slump over the last 12 months makes it the worst performer among 34 commodities tracked by Bloomberg. Prices tumbled as output increased...

Pothole Puddles Show Risk For Cocoa, With Record Ivorian Crop

The scores of giant potholes that scar the roads from commercial capital Abidjan to Daloa, in the heart of Ivory Coast’s cocoa belt, have become deep...

Cocoa Plunge, Mutinous Army May Widen Ivory Coast Deficit

Tumbling cocoa prices and unscheduled payments to civil servants and mutinous soldiers in the past two months could widen Ivory Coast’s budget defici...

Valentine’s Chocolate Gets Cheaper As Global Cocoa Supply Swells

Buying your sweetheart a box of Valentine’s Day chocolates could be cheaper this year thanks to booming cocoa supplies. Growers are collecting big...

Cocoa Rout Raises Concern Some Farmers Will Return To Cocaine

The worst cocoa price rout in more than 17 years is raising concern that farmers in South America may quit growing the raw material used in chocolate, and...

Ivorian Cocoa Piles Up at Ports As Shippers Halt Purchases

Cocoa is piling up at ports and warehouses in Ivory Coast, the world’s biggest producer, after a plunge in futures prices prompted some exporters to...

Go Ahead, Splurge on Christmas Chocolate as Cocoa Plunges

Cocoa prices are spiraling lower, making chocolate cheaper just in time to stuff those Christmas stockings even more full of treats. Futures in New York...