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The Latest Breaking News from the Ivory Coast

Advocates sue federal government for failing to ban imports of cocoa harvested by children

Child welfare advocates have filed a federal lawsuit asking a judge to force the Biden administration to block imports of cocoa harvested by children in West Africa that ends up in America’s most popular chocolate desserts and candies

The Independent UK

Israel And Ivory Coast Sign Framework Agreement On Agriculture, Water, And Technology

Israeli Foreign Minister Eli Cohen leads business delegation to strengthen ties and counter terrorism in West Africa.

Zenger

Cocoa Finishes Slightly Higher on Reduced Cocoa Supplies from the Ivory Coast

Sep ICE NY cocoa (CCU23 ) on Monday closed +2 (+0.06%), and Sep ICE London cocoa #7 (CAU23 ) closed +5 (+0.19%). Cocoa prices Monday closed slightly higher, with London cocoa posting a 1-1/2 week high. Reduced cocoa supplies from the Ivory Coast are bullish for prices after Ivory Coast...

Barchart

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Cocoa Prices Underpinned by Tight Ivory Coast Supplies

Sep ICE NY cocoa (CCU23 ) on Monday closed +7 (+0.21%), and Sep ICE London cocoa #7 (CAU23 ) closed +16 (+0.74%). Cocoa prices Monday posted moderate gains, with NY cocoa climbing to a 1-week high. Reduced cocoa supplies from the Ivory Coast are supportive of cocoa prices after Ivory...

Barchart

How High Can Cocoa Prices Rise?

Cocoa beans are the primary ingredient in chocolate confectionery products enjoyed worldwide. Cocoa is an agricultural product that grows in equatorial climates, making West Africa the leading producing region. The Ivory Coast leads the world in annual cocoa bean production, and neighboring Ghana is the second-top producing country.

Barchart

Tunisian security forces deport African migrants to no man’s land on Libyan border

Tunisian security forces in Sfax have rounded up hundreds of people from sub-Saharan Africa, including children, and dropped them in a no man’s land between the Tunisian and Libyan border, where they remain trapped with neither food nor water. These forced deportations carried out by the security services come against…

France 24

Cocoa Prices Continue Lower on Drier Ivory Coast Weather

July ICE NY cocoa (CCN23 ) on Friday closed down -15 (-0.48%), and July ICE London cocoa #7 (CAK23 ) closed unchanged. NY cocoa prices Friday fell on the drier weather in the Ivory Coast, which has allowed truck shipments to ports to resume after the recent heavy rain that...

Barchart

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Cocoa Prices Continue Lower on Drier Ivory Coast Weather

July ICE NY cocoa (CCN23 ) on Thursday fell -26 (-0.82%), and July ICE London cocoa #7 (CAK23 ) closed down -6 (-0.23%). NY cocoa prices on Thursday fell on the drier weather in the Ivory Coast, which has allowed truck shipments to ports to resume after the recent heavy...

Barchart

Cocoa Prices Tumble on Drier Conditions in the Ivory Coast

July ICE NY cocoa (CCN23 ) on Wednesday closed up +22 (+0.70%), and July ICE London cocoa #7 (CAK23 ) closed up +15 (+0.59%). NY cocoa prices on Wednesday initially posted a 2-week low but then recovered to close the day moderately higher. Cocoa prices saw support from Wednesday's -0.46%...

Barchart

Cocoa Prices Tumble on Drier Conditions in the Ivory Coast

July ICE NY cocoa (CCN23 ) on Tuesday closed down -46 (-1.44%), and July ICE London cocoa #7 (CAK23 ) closed down -24 (-0.93%). Cocoa prices Tuesday closed lower, with NY cocoa falling to a 1-week low. Drier conditions in the Ivory Coast have allowed farmers to transport their cocoa...

Barchart

Dollar Strength Sparks Long Liquidation in Cocoa Futures

July ICE NY cocoa (CCN23 ) on Friday closed down -38 (-1.18%), and July ICE London cocoa #7 (CAK23 ) closed down -34 (-1.31%). Cocoa prices Friday finished with moderate losses. A rebound in the dollar sparked long liquidation in cocoa futures after the dollar index (DXY00 ) Friday recovered...

Barchart

Cocoa Prices See Continued Support from Lower Ivory Coast Supply

July ICE NY cocoa (CCN23 ) on Wednesday closed up +2 (+0.07%), and July ICE London cocoa #7 (CAK23 ) closed down -4 (-0.17%). Cocoa prices Wednesday settled mixed, with London cocoa falling to a 1-1/2 week low. A stronger dollar Wednesday weighed on cocoa prices as the dollar index...

Barchart

NY Cocoa Prices Rise on Smaller Ivory Coast Cocoa Supplies

July ICE NY cocoa (CCN23 ) on Tuesday closed up +14 (+0.47%), and July ICE London cocoa #7 (CAK23 ) closed down -10 (-0.42%). Cocoa prices Tuesday settled mixed, with London cocoa falling to a 1-week low. Smaller cocoa supplies from the Ivory Coast are bullish for prices after the...

Barchart

Quality Concerns of the Ivory Coast Mid-Crop Boosts Cocoa Prices

July ICE NY cocoa (CCN23 ) on Friday closed up +77 (+2.57%), and July ICE London cocoa #7 (CAK23 ) closed up +66 (+2.83%). Cocoa prices Friday rallied sharply to contract highs. Quality concerns of the Ivory Coast mid-crop are supporting cocoa prices. Farmers have reported poor cocoa quality, with...

Barchart

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Cocoa Prices Mixed on Dollar Strength and British Pound Weakness

July ICE NY cocoa (CCN23 ) on Thursday closed down -9 (-0.30%), and July ICE London cocoa #7 (CAK23 ) closed up +29 (+1.26%). Cocoa prices Thursday settled mixed. NY cocoa was under pressure Thursday from a stronger dollar as the dollar index (DXY00 ) rallied to a 1-3/4 month...

Barchart

Cocoa Prices Underpinned by Poor Quality of Ivory Coast Mid-Crop

July ICE NY cocoa (CCN23 ) on Wednesday closed up +5 (+0.17%), and July ICE London cocoa #7 (CAK23 ) closed up +10 (+0.44%). Cocoa prices Wednesday posted modest gains and remained supported by the disappointing results for the Ivory Coast mid-crop. Farmers have reported poor cocoa quality, with cocoa...

France 24

Advocates battle to publish West Africa's first LGBT magazine

The publication of the first magazine dedicated to West Africa’s LGBT community, originally set to hit shelves on May 12, has been delayed due to difficulties finding gay-friendly printers in the Ivory Coast. “Meleagbo” would be French-speaking West Africa’s first LGBT publication. Launched by the NGO Gromo, which advocates LGBT…

Barchart

Cocoa Prices Climb as Early Ivory Coast Mid-Crop Results Disappoint

July ICE NY cocoa (CCN23 ) on Tuesday closed up +15 (+0.50%), and July ICE London cocoa #7 (CAK23 ) closed up +37 (+1.64%). Cocoa prices Tuesday settled moderately higher as early results for the Ivory Coast mid-crop are disappointing. Farmers have reported poor cocoa quality, with cocoa bean counts...

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Cocoa Prices Slip as ICE Cocoa Inventories Increase

July ICE NY cocoa (CCN23 ) on Monday closed down -6 (-0.20%), and July ICE London cocoa #7 (CAK23 ) closed down -12 (-0.53%). Cocoa prices Monday posted modest losses as they consolidated recent gains. An increase in cocoa inventories weighed on prices after ICE-monitored cocoa inventories held in U.S....

Barchart

NY Cocoa Sees Weakness on Dollar Strength

July ICE NY cocoa (CCN23 ) on Friday closed down -17 (-0.57%), and July ICE London cocoa #7 (CAK23 ) closed up +12 (+0.53%). Cocoa prices Friday settled mixed, with London cocoa soaring to a 6-3/4 year high. NY cocoa Friday moved lower on dollar strength after the dollar index...

Barchart

Cocoa Prices Slip on Dollar Strength

July ICE NY cocoa (CCN23 ) on Thursday closed down -23 (-0.76%), and July ICE London cocoa #7 (CAK23 ) closed down -1 (-0.04%). Cocoa prices Thursday posted moderate losses. Thursday's rally in the dollar index to a 1-week high weighed on cocoa prices. However, losses in London cocoa were...

Barchart

Cocoa Prices Push Higher on Ivory Coast Crop Concerns

July ICE NY cocoa (CCN23 ) on Wednesday closed up +27 (+0.90%), and July ICE London cocoa #7 (CAK23 ) closed up +13 (+0.58%). Cocoa prices Wednesday added to this week's gains, with NY cocoa posting a 7-year nearest-futures high and London cocoa posting a 2-week high. Cocoa prices have...

Barchart

Cocoa Prices Jump as Disease Threatens Ivory Coast Crops

July ICE NY cocoa (CCN23 ) on Tuesday closed up +45 (+1.52%), and July ICE London cocoa #7 (CAK23 ) closed up +28 (+1.26%). Cocoa prices Tuesday moved higher, with NY cocoa posting a 7-year nearest-futures high and London cocoa posting a 2-week high. Fund buying pushed cocoa prices higher...

Barchart

Cocoa Prices Push Higher on Smaller Ivory Coast Cocoa Supplies

July ICE NY cocoa (CCN23 ) on Monday closed up +21 (+0.72%), and July ICE London cocoa #7 (CAK23 ) did not trade with markets closed in the UK for the king's coronation. Cocoa prices Monday closed moderately higher. Smaller cocoa supplies from the Ivory Coast are bullish for prices...

Barchart

Cocoa- A New Multi-Year High in the Soft Commodity

Over the past months, cotton, sugar, coffee, and frozen concentrated orange juice futures rose to the highest price in years, with FCOJ reaching a new record peak. Meanwhile, cocoa futures were the latest soft commodity to join the bullish party, moving above $3,000 per ton to the highest price since…

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