Cocoa Futures at 1-Month High

2026-10-13 15:59 By Luisa Carvalho 1 min. read

Cocoa prices rose further to around $5,800 a tonne, their highest level since mid-September, supported by weather-related supply concerns.

Local reports indicated that heavy rainfall in the Ivory Coast, the world’s largest cocoa producer, had disrupted harvesting and delayed bean deliveries to ports, limiting near-term availability.

However, both the Ivory Coast and Ghana have received below-average rainfall in recent months, raising the risk of stress on the next crop.

Local farmers remained worried about the size and quality of the next cocoa crop, which is expected to be harvested from early 2027.

The possible strengthening of El Niño adds to these concerns, as it could bring hotter, drier weather to West Africa and increase the risk of heavy rain and flooding in parts of Latin America, including Ecuador.

Meanwhile, third-quarter cocoa-grinding data from Europe and North America, due on October 15, will provide further insight into demand.



News Stream
Cocoa Futures at 1-Month High
Cocoa prices rose further to around $5,800 a tonne, their highest level since mid-September, supported by weather-related supply concerns. Local reports indicated that heavy rainfall in the Ivory Coast, the world’s largest cocoa producer, had disrupted harvesting and delayed bean deliveries to ports, limiting near-term availability. However, both the Ivory Coast and Ghana have received below-average rainfall in recent months, raising the risk of stress on the next crop. Local farmers remained worried about the size and quality of the next cocoa crop, which is expected to be harvested from early 2027. The possible strengthening of El Niño adds to these concerns, as it could bring hotter, drier weather to West Africa and increase the risk of heavy rain and flooding in parts of Latin America, including Ecuador. Meanwhile, third-quarter cocoa-grinding data from Europe and North America, due on October 15, will provide further insight into demand.
2026-10-13
Cocoa Rises as West African Crop Risks Intensify
Cocoa prices rose above $5,600 a tonne, nearly doubling their February level, as concerns grew over the next harvest in West Africa. The possible strengthening of El Niño is adding to supply concerns. Ivory Coast, the world’s largest cocoa producer, is expected to face below-average rainfall through early 2027, according to the country’s weather agency. West Africa accounts for more than half of global cocoa production, leaving international supplies particularly exposed to adverse weather conditions in the region. StoneX Group expects Ivory Coast’s output to fall 11% to 1.8 million tonnes in the 2026–27 season. Ghana, the second-largest producer, also expects production to decline by around 13% to 650,000 tonnes. Meanwhile, estimates showed cocoa arrivals at Ivorian ports reached 77,500 tonnes so far since the start of the 2026/27 season.
2026-10-12
Cocoa Prices Retreat From Three-Week Highs
Cocoa futures eased to around $5,640 a tonne, pulling back slightly after recent gains lifted prices to near three-week highs. The market remains range-bound, caught between ample current supplies and a deteriorating outlook for 2026/27 linked to El Niño. Ivory Coast’s main crop is expected to fall about 17% this season, while farmers recently warned that upcoming rains should ease drought concerns but may not fully support recovery in young pods. Cocoa arrivals at Ivorian ports reached 18,000 tonnes in the week to October 4, taking the season total to 54,500 tonnes. Meanwhile, third-quarter grinding data from Europe and North America, due October 15, will be closely watched for further clues on demand.
2026-10-07