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Cocoa Prices Plunge as ICCO Projects a Global Cocoa Surplus

Summary by Barchart.com

May ICE NY cocoa (CCK25 ) Monday closed down -912 (-10.00%), and May ICE London cocoa #7 (CAK25 ) closed down -775 (-10.56%). Cocoa prices Monday plummeted to 3-1/2 month lows after the International Cocoa Organization (ICCO) last Friday forecasted a global cocoa surplus of 142,000 MT for 2024/25, the...

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Barchart.com

Cocoa Prices Plunge as ICCO Projects a Global Cocoa Surplus

8 hours ago

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The Independent Uganda:

MAAIF takes over Coffee, Cocoa Value Chain Development Project

KAMPALA, UGANDA | THE INDEPENDENT | The Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) has taken over the implementation of the Coffee and Cocoa Value Chain Development project (CoCoDev). This follows the rationalization process that saw the Uganda Coffee Development Authority (UCDA) handed over to the ministry in January this year. CoCoDev, which was previously under UCDA, is co-funded by the European Union for 25.5 billion shi…

21 hours ago

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