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Too Much Rain, Too Little Relief: Cocoa Faces New Weather Challenge from El Nino
SUMMARY
- The cocoa market is currently attracting significant investor attention.
- El Niño already appears to be affecting West Africa, with growing conditions continuing to deteriorate in Ghana and Côte d’Ivoire, the two most important cocoa-producing countries, which together account for around 60% of global supply.
- Conditions are currently far too wet, and there is little sign that rainfall will ease anytime soon.
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- Too Much Rain, Too Little Relief: Cocoa Faces New Weather Challenge from El Nino23 Jun 2026
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