Daily Cocoa Reports and News
Cocoa Prices Surge 5% – Ghana Smuggling, Hershey Demand & EUDR Impact (Apr 30 2026)
* Cocoa futures surged on Apr. 30, rising roughly 4%–5% across the curve * COCOBOD flagged illicit buying activity, with funds from licensed buyers allegedly used to purchase smuggled Ivorian beans, driven by widening origin price differentials. * The Hershey Company beat earnings expectations, supported by 10% organic price growth as companies