user-avatar
Reuters

Ivory Coast farmers warn low rainfall could hit cocoa pod development for September-to-February main crop

AI Market Summary
Below-average rainfall across key Ivory Coast cocoa regions is raising supply and quality risks. Farmers report moisture stress on small pods intended for next year's Sep–Feb main crop, with potential pod drop if dryness persists into mid-October. Near-term harvesting is also facing bean-drying challenges from overcast conditions, which could tighten effective supply and lift volatility in cocoa-linked markets.
Impact level
● Medium
Affected assets
NCCOCOCOA2USD/USDT-1.50%
AI Insight · NCCOCOCOA2USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Rainfall fell below average last week across most of Ivory Coast’s main cocoa-growing regions, with Daloa recording 3.6 mm, 26.1 mm under the norm. Farmers said the dry conditions could threaten the development of small pods to be harvested next year during the September-to-February main crop. They warned the situation could become alarming if the dry spell lasts until mid-October, according to Reuters. Weekly temperatures ranged from 25.6 to 29.7 degrees Celsius.