Excessive Rain in the Ivory Coast Boosts Cocoa Prices

Written on 06/22/2026
Rich Asplund

July ICE NY cocoa (CCN26 ) on Monday closed up +382 (+9.22%), and July ICE London cocoa #7 (CAN26 ) closed up +182 (+5.54%). Cocoa prices surged to 6-week highs on Monday and settled sharply higher as excessive rains in the Ivory Coast have flooded roads, cutting off farmers' access...Cocoa by Ha11ok via Pixabay