Ivory Coast Cocoa Harvest Declines Sharply for Third Consecutive Year
Ivory Coast, the world's biggest cocoa producer, has sold 1.3 million tons of cocoa contracts for the 2025/26 October to March main crop, down from 1.4 million tons last year, amid concerns over declining harvests and production, two Coffee and Cocoa Council (CCC) sources told Reuters on Thursday.Despite what they said would be an expected 30% year-on-year drop in cocoa bean arrivals at the country's two main ports between January and March 2026, the CCC sources said no risk of…
Ivory Coast Cocoa Grind Down 31.2%
Ivory Coast's cocoa grind dropped 31.2% year-on-year in July to 39,301 metric tons, data from exporters' association GEPEX showed on Monday, with grinders citing poor bean quality and low volumes of the mid-crop.The total grind - part of the process of transforming cocoa beans into chocolate - from the start of the 2024/25 season in October until the end of July stood at 515,055 tons of beans, down 4% from the same period last season."July's grinding has fallen dramatically this year compared to last year…