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Barchart
Barchart
Rich Asplund

Cocoa Prices Supported as Rains in the Ivory Coast Delay the Harvest

Ivory Coast Ice Ghana Agriculture El Niño

December ICE NY cocoa (CCZ26) is up +0.06 (+0.11%) today, and December ICE London cocoa #7 (CAZ26) is up +31 (+0.73%).

Cocoa prices are moving higher today on reports that heavy rains in the Ivory Coast are hindering farmer access to cocoa farms just as the harvest begins. Cocoa gains are limited today as a stronger dollar ($DXY) weighs on the market.

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