Cocoa, coffee and sugar market specialist with over 10 years of experience analyzing global futures markets, physical commodity flows, and supply-chain fundamentals.
Cocoa Daily Report
* Cocoa futures extended their recovery on 29-Apr * StoneX cut its 2026/27 global cocoa surplus forecast to 149,000 tons from 267,000 tons (≈-44% revision) * For 2025/26, StoneX maintains a 247,000-ton surplus * Field-level data signals weakening input conditions: ~73% of Ivorian farmers have not
Cocoa Daily Report
* Cocoa futures rose on Apr-28, with New York and London both gaining about 2.4%, recovering part of the prior session’s losses * Expana sees mixed West African crop outlook * El Niño risk could further disrupt output, particularly in Ecuador * Mondelez beat Q1 revenue expectations, pointing to resilient chocolate
Cocoa Daily Report
* Cocoa futures fall 3–5%, with New York leading losses in a front-end driven sell-off * Ivory Coast arrivals steady at ~1.51m tons (+0.3% y/y), reflecting stable near-term supply * Below-average rainfall raises mid-crop risks, providing underlying bullish support Cocoa futures extended their decline
Cocoa News
Below-average rainfall across key cocoa-growing regions in Ivory Coast is raising concerns among farmers about the outlook for the country’s upcoming mid-crop harvest. Farmers reported that last week’s rainfall was insufficient, extending a period of dry weather that could disrupt the March-to-August mid-
Cocoa News
Cocoa arrivals at ports in Ivory Coast, the world’s leading producer, reached 1.510 million metric tons by April 26, marking a marginal increase of 0.3% compared with the same period last season, according to exporters. Between April 20 and April 26, approximately 28,000 tons of cocoa
Cocoa Daily Report
Cocoa futures delivered a mixed but generally softer performance on 24-Apr, with New York showing a split curve and London posting a broad-based decline. In New York, the nearby May-26 contract extended gains by +0.65%, while the rest of the curve retreated modestly in a tight
Cocoa Daily Report
Cocoa futures extended their rebound on 23-Apr, building on the prior session’s reversal with a second consecutive day of gains across the curve. In New York, prices advanced in a broadly parallel move, with contracts rising by roughly +1.4% to +1.5%, indicating continued follow-through rather
Articles
After a historic price collapse, the cocoa industry is entering a deeper structural crisis that goes far beyond the headlines. When cocoa prices surged to nearly $12,000 per ton in 2024, the global industry reacted exactly as expected. Farmers expanded production, investors committed capital to new plantations, and governments
Cocoa News
Ivory Coast’s cocoa processing activity increased modestly in March, according to the exporters’ association GEPEX. Grindings rose 1.4% year-on-year to 54,241 metric tons. Despite the monthly uptick, cumulative grindings for the 2025/26 season—running from October through March—reached 334,771 tons, representing a
Cocoa Daily Report
* Cocoa futures rebounded on 22-Apr, rising roughly 2–3.5% across New York and London * In Ghana, payment delays of up to six months are constraining farmers’ ability to harvest and deliver beans despite improved mid-crop yields * In Ivory Coast, authorities are considering shifting to quarterly farmgate price
Cocoa News
Cocoa farmers in Ghana are raising concerns that prolonged payment delays are threatening their ability to harvest a strong mid-crop, despite favorable growing conditions. Some farmers report waiting up to six months for payments, creating serious cash flow constraints. These delays have significantly reduced farmers’ working capital, making it
Coffee Daily Report
* July arabica closed at 288.45 cents , up 0.60 cents * Reports of a potential sale of Massimo Zanetti Beverage Group * Brazilian exports reached 1.39 million bags as of April 17 * Honduras is expected to export 5.5 million bags, up 15.45 percent * Peru’s harvest is nearing