The Decline of Cocoa Production in Ghana and Ivory Coast: A Crisis Threatening West Africa’s Cocoa Supremacy
The Decline of Cocoa Production in Ghana and Ivory Coast Ghana and Ivory Coast, the world’s leading cocoa producers, are facing a crisis in their cocoa harvests this season. This has led to expectations of cocoa bean shortages, causing New York cocoa futures to more than double in price this year. The reasons behind this…