Excessive West African Rains Support Cocoa Prices

Written on 07/01/2026
Rich Asplund

September ICE NY cocoa (CCU26 ) on Wednesday closed up +14 (+0.28%), and September ICE London cocoa #7 (CAU26 ) was unchanged. Cocoa prices settled mixed on Wednesday as they consolidate just below last Thursday’s 5.5-month highs. Cocoa prices have rallied sharply over the past two weeks, rising by more...Flooded county road by AwakenedEye via iStock