Farmers in the top two cocoa growers are upbeat about the next harvest after heavy rains in recent weeks helped support crop development.
It’s an important time of the year for farmers in Ivory Coast and Ghana—which together account for more than 60% of global cocoa production—as they prepare for the bigger of two annual harvests. The so-called main crop starts in October and runs through March in No. 1 grower Ivory Coast.
Here’s where things stand so far:
To read the rest of the story, please go to: Bloomberg