International Cocoa Organization (ICCO) Archives

ICCO releases 2022/23 S&D forecast

ICCO releases 2022/23 S&D forecast

The International Cocoa Organization (ICCO) released its latest cocoa statistics in late February. Comments note concerns over the macroeconomic picture around the world and slowing demand. Versus 2021/22, ICCO sees total 2022/23 world cocoa output growing 4 percent, not a bad recovery after recent [...]

By Jeff Rasinski|March 13, 2023|Categories: Cocoa & Chocolate|Tags: cocoa forecasts, cocoa futures, cocoa origins, cocoa statistics, International Cocoa Organization (ICCO), world cocoa output|0 Comments

ICCO now projects 2021/22 cocoa deficit of 174,000 MT

ICCO now projects 2021/22 cocoa deficit of 174,000 MT

The latest estimate from International Cocoa Organization (ICCO) showed a 174,000 MT deficit in the 2021/22 season, little changed from their previous forecast of a 181,000 MT shortfall, partly the result of a weaker grind forecast, which may be reflected in Q2 grind numbers [...]

By Jeff Rasinski|June 7, 2022|Categories: Cocoa & Chocolate, Market Prices|Tags: chocolate consumption, cocoa demand, cocoa grind forecast, Eastern Europe, Ghana, International Cocoa Organization (ICCO), Ivory Coast, Nigeria, Russian invansion|0 Comments

This website does not constitute an offer to sell, or a solicitation of an offer to buy or sell, any commodities interests, futures contracts, or options on futures contracts, and is intended for informational purposes only. McKeany-Flavell does not make any representations as to the accuracy or completeness of any data or information contained herein and information should not be relied upon as such. Some data and information presented in this report may have been obtained from outside sources. No guarantee of any kind is implied.

Investments or trading in commodities, futures, options on futures involves substantial risk of loss and may not be suitable for everyone. The valuation of futures and options may fluctuate and as a result, clients may lose more than their original investment. In no event should the content of this report be construed as an express or implied promise, guarantee, or implication by or from McKeany-Flavell that you will profit or that losses can or will be limited whatsoever. Past performance is not indicative of future results.