Cocoa Shortage 2024 Mustang

Cocoa Shortage 2024 Mustang. In april 2024, the ivory coast government increased the farmgate price by 50% from 1000 francs cfa (~$1.64) to 1500 cfa (~$2.46) per kilogram of cocoa beans. After a production shortfall in west africa, cocoa prices rose to $4,000 a metric ton from $2,500.

The international cocoa organization has admitted that the global cocoa shortage will be significantly larger than previously forecasted. Cocoa prices in new york have.