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- Country expects to harvest 2 million tons in 2024-25 crop year
- Futures prices have dipped on improved cocoa crop outlook
Ivory Coast’s cocoa output is expected to rebound next season — helping ease a global supply squeeze that pushed prices past records — as the world’s top grower banks on better weather.
The West African producer is likely to harvest 2 million tons of the chocolate-making ingredient in the 2024-25 crop year that starts Oct. 1, according to people familiar with the matter, who cited early pod counting.
Source: https://www.bloomberg.com/news/
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