Ivory Coast, producer of 45% of the world's #cocoa, is expecting a 40% drop in mid-crop production for 2024/25 due to drought. This follows 2023/24 shortfalls in Ivory Coast and Ghana output, which sent global prices screaming to new highs last year.
Cocoa TOPPED ALREADY!
1. 10 years
2. 1 year
https://tradingeconomics.com/commodity/cocoa
Hey Mike,
Was this drought tradable for a weather trader? I feel like I asked something similar last year for cocoa drought?
Great question but no, Larry it wasn't because the main reason for the big short fall was a disease/virus.
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Exposing the fake climate crisis fraudsters!
Started by metmike - Feb. 10, 2025, 12:43 p.m.