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Rich Asplund

Cocoa Prices Surge on West African Crop Concerns

Ice West Africa Ivory Coast Ghana ICCO NY StoneX

July ICE NY cocoa (CCN26) today is up +218 (+5.61%), and July ICE London cocoa #7 (CAN26) is up +3.94 (+14.66%).

Cocoa prices are surging today and posted 2.75-month highs. Early surveys of the 2026/27 West African cocoa crop indicate below-average cherelle formation on cocoa trees, signaling a weak start to the main cocoa harvest, which begins in October.

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