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via reuters.comMarkets

Ivory Coast cocoa output could fall 25% due to El Nino, weather agency says

FROM THE WIRE · REUTERS.COM

Ivory Coast cocoa production could fall 25% from El Nino, weather agency says

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA possible drop in supply from Ivory Coast, the world's top cocoa producer, can support agricultural commodity prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The weather agency estimates Ivory Coast cocoa production could fall 25%.
  2. 02The cause cited is the El Nino phenomenon.
  3. 03The item concerns production forecasts, not data already recorded.

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