Crop-Damaging Weather in West Africa Boosts Cocoa Prices

Written on 06/08/2026
Rich Asplund

July ICE NY cocoa (CCN26 ) today is up +69 (+1.83%), and July ICE London cocoa #7 (CAN26 ) is up +53 (+1.83%). Cocoa prices are climbing today as short covering emerged after cocoa farmers in the Ivory Coast reported that heavy rain and winds have blown away young flower...Flooded county road by AwakenedEye via iStock