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Cocoa Falls as Short-Covering Rally Fades; Ghana Financing Risks and West African Dryness Support Longer-Term Bullish Outlook (8 May 2026)

Daily Cocoa Reports and News

Cocoa Falls as Short-Covering Rally Fades; Ghana Financing Risks and West African Dryness Support Longer-Term Bullish Outlook (8 May 2026)

* Cocoa futures fell sharply on Friday * Ghana is preparing a $1 billion local-currency bond to provide COCOBOD with liquidity to finance cocoa purchases and maintain farm support programs ahead of the 2026/27 season. * COCOBOD is reportedly carrying approximately 673 million cedis ($60 million) in debt, while some farmers