Most Ivory Coast Cocoa Farmers Lack Fertilizer for Crops
A survey reveals 73% of Ivory Coast cocoa farmers lack fertilizer for upcoming cycles. High costs and low cocoa prices create significant global supply risks.
Xurve View
洞察:
Xurve View
Ivory Coast cocoa farmers face a supply crisis as 73% have failed to purchase fertilizer for the next two production cycles. This shortage follows a 70% collapse in cocoa prices from their late 2024 peak. Reduced yields will likely tighten global supply, pressuring Cocoa Futures higher through 2027.
