Africa's cocoa harvest is falling short just when needed most | Business
The new cocoa harvest in West Africa’s most important growers looks set to disappoint, just when the world desperately needs more beans.
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The new cocoa harvest in West Africa’s most important growers looks set to disappoint, just when the world desperately needs more beans.
IVORY COAST (BLOOMBERG) – The muck from incessant rain sloshes around Nestor N’Guessan’s feet as he points to a plot of cocoa trees ravaged by rot on his farm in Ivory Coast. The 52-year-old grower can’t save those plants from black pod disease, so he’s focusing efforts on quarantining whatever healthy ones he has left. […]
Punishing rains and the relentless creep of black pod disease push futures to their highest since the 1970s.
Punishing rains and the relentless creep of black pod disease push futures to their highest since the 1970s.
The muck from incessant rain sloshes around Nestor N’Guessan’s feet as he points to a plot of cocoa trees ravaged by rot on his farm in Ivory Coast. The 52-year-old grower can’t save those plants from black pod disease, so he’s focusing efforts on quarantining whatever healthy ones he has…