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The meltdown in chocolate is coming

The meltdown in chocolate is coming
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Surging Cocoa Prices: A meltdown in chocolate is coming

The world needs higher cocoa prices to encourage re-planting millions of old trees. If every farmer applied a little more fertilizer, and had pesticides at hand, production could recover. That, or projected chocolate demand growth needs to slow, if not fall. Market forces will eventually rebalance the market, but everyone must brace for a few years of higher prices ....

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Cocoa regulators from Cote d'Ivoire and Ghana call for more help for farmers and tackling climate change

It was billed in the World Cocoa Foundation agenda as a ‘Fireside Chat.’ Still, the conversation was anything but cozy as the 2024 Partnership Meeting welcomed back Yves Brahima Koné, Cote d’Ivoire’s Coffee & Cocoa Council director general, and Joseph Boahen Aidoo, CEO of the Ghana Cocoa Board, to discuss, among other topics, cocoa production, climate change, farmer income, and the European Union Deforestation Regulation (EUDR). ....

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Hedge fund stampede into cocoa futures fuels record price jump

Hedge funds have piled into the cocoa market since the end of last year, exacerbating a record-breaking surge in prices sparked by poor harvests in West. ....

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Ghana's Cocobod taps $200m World Bank loan to rebuild disease-hit cocoa farms - Markets

ACCRA: Ghana’s Cocobod will use part of a $200 million World Bank loan to rehabilitate plantations destroyed by . ....

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