U.S. cocoa bean stocks climb with arrival of main crop

As we near the end of Q1, cocoa bean stocks in licensed U.S. warehouses continue to seasonally climb with the arrivals of more main-crop beans from West Africa. We are already 5 percent above last year’s levels at this time, and inventories should continue [...]

Cocoa arrivals revised lower for Q4 2020

After carrying higher numbers season-to-date, Bloomberg may revise its Ivory Coast arrival figures lower, closer to Reuters estimates. Through December, cumulative arrivals figures are now reported at 1.124 MMT for Ivory Coast, the world’s largest producing country. This adjustment nearly wipes out the 8 [...]

Updates on cocoa arrivals & weather for Ivory Coast

We estimate October-November Ivorian arrivals near 755,000 MT, up nearly 8% YOY. Ghana purchases may be below 300,000 MT, down about 9% YOY. As a result, total output for the period from the two countries may be near 1.05 MMT, up around 2% YOY. [...]

Cumulative cocoa arrivals continue to lag

Ivory Coast exporters estimated cocoa bean port arrivals down 6.5 percent YOY at around 1.85 MMT from October through May. This is a shortfall of nearly 100,000 MT from the previous season. Ghana Cocobod purchases have also fallen behind last year’s pace, adding to [...]

Ivory Coast & Ghana cocoa figures estimated lower at end of April

Amid largely bearish updates on grind, potentially lower grind growth in 2019/20 could be at least partly matched by smaller West African cocoa crops. From October through April, we estimate cocoa arrivals could be down around 3 percent YOY from arrivals a year prior [...]

Ivory Coast main-crop cocoa arrivals still seen down year on year

From October through the end of February, 2019/20 cocoa arrivals at major Ivorian ports were reported at just under 1.62 million metric tons (MMT), per CCC. This was a decline of 2 percent from arrivals for the same period last season. From October through [...]

Ouattara will not run for third term in Ivorian election

Ivory Coast president Alassane Ouattara has announced that he will not run for a third term, ending months of speculation. Ouattara had previously argued that his past and current term would not count towards term limits outlined in the country’s newly adopted constitution. The [...]

Ivory Coast, Ghana cocoa arrivals flat year on year

Light rains in West Africa should help tree condition, soil moisture, and pod setting and filling. Reports show atypically dry conditions overall, which is expected to further pressure the Ivorian midcrop, which could fall by an estimated 20 percent to 30 percent from the [...]

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