As we pass the midpoint of the main-crop season, cocoa bean arrivals at West African ports are starting to slow, losing some ground vs. January arrivals a year ago.
Arrivals at major Ivorian ports were estimated at 60,000 MT in the most recent week, about 9,000 MT below this same week in 2019.
Warm and dry conditions that typically accompany the Harmattan season in the region have farmers concerned about the tail of the main crop and the initial set for the coming midcrop. Cumulative rainfall has fallen behind last year’s levels, and trees are starting to lose leaf canopy on hot and dry conditions prevailing since December.
Bean arrivals through the first half of the season (October through December) have generally been favorable, still up 0.4 percent year on year.