Weather

Dry Weather Threatens Ivory Coast Cocoa Crop, Farmers Say

No rain fell last week in most of Ivory Coast's main cocoa regions and farmers said that the dry weather could damage bean quality and tighten supply from...

What Are Cocoa Futures, And How Do They Work?

Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity headin...

French Wine Output Seen Falling By A Quarter Due To Adverse Weather

France's wine output is expected to fall by nearly a quarter this year after adverse weather hurt vineyards throughout the cycle with the Champagne region...

Ghana Cocoa Regulator Will Not Raise A Syndicated Loan For The 2024/25 Season, CEO Says

Ghana's cocoa regulator Cocobod will not raise a syndicated loan for its 2024/25 cocoa season for the first time in over three decades.

UK Retail Sales Stumble Again In July, CBI Says

British retailers suffered another bad month in July and expect further weakness in August as poor weather and generally weak trading conditions continued...

Champagne Makers Call For Reduced Grape Harvest After 15% Drop In Sales

France's champagne producers have called for a cut in the number of grapes harvested this year after sales of the wine fell more than 15% in the first half...

Cooler UK Weather Chills Retail Sales In June

British retail sales volumes fell by more than expected in June, after unseasonably cooler weather put off shoppers, official figures showed on Friday.

Ivory Coast Cocoa Regulator Scraps Grading Discount For Deferred Contracts

Ivory Coast's cocoa regulator has told exporters that a discount for the grading of beans from the mid-crop will not be offered for deferred contracts, acc...