Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa

Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa Cocoa futures in New York have doubled since the start of March and have now climbed back toward levels not seen since late 2025, around $6,000 a ton, as Jefferies analysts warn that a "perfect storm's a-brewing" across West Africa, the world's top cocoa-farming region. Jefferies analyst Scott Marks wrote in a note on Tuesday that new weather concerns center on Ivory Coast and Ghana, the world's top cocoa...

By Tyler Durden