# Cocoa Prices Rise Above $5,600 on West African Harvest Concerns

- URL: https://stocks.freetheai.org/news/cocoa-prices-rise-above-5-600-on-west-african-harvest-concerns-79f989
- Published: 2026-10-12T11:07:54Z
- Category: commodities; sentiment: bullish; impact: high
- Symbols: [ICEUS:CC1!](https://stocks.freetheai.org/symbols/ICEUS-CC1!)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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Cocoa Futures (ICEUS:CC1!) moved above $5,600 per tonne, almost doubling from a three-year low of $2,888 recorded on February 27. The recent price rally comes as tightening global supplies and unfavorable weather conditions raise fears over crop yields across major growing regions.

West Africa generates over half of the world's cocoa supply, making global markets vulnerable to regional weather disruptions. In Ivory Coast, the world's top producer, rainfall is expected to remain below average through early 2027 due to a potential strengthening of El Niño. Production in Ivory Coast is forecast to shrink 11% to 1.8 million tonnes during the 2026–27 season, while output in Ghana, the second-largest producer, is projected to drop roughly 13% to 650,000 tonnes.

Investors and commodity traders will be monitoring weather developments and port deliveries in West Africa. Early data shows Ivorian port arrivals have reached 77,500 tonnes since the start of the 2026/27 season, making upcoming harvest figures critical for market direction.

## Key points

- Cocoa prices rose above $5,600 per tonne, nearly doubling from a three-year low of $2,888 set on February 27.
- Ivory Coast cocoa production is projected to decline 11% to 1.8 million tonnes in the 2026–27 season due to dry weather.
- Output in Ghana, the second-largest producer, is expected to decrease by about 13% to 650,000 tonnes.
- West Africa produces more than half of the world's cocoa, leaving global market supplies vulnerable to local weather threats.

## Questions and answers

### Why are cocoa prices rising?

Cocoa prices are rising due to weather risks in West Africa, where drought conditions and El Niño threaten harvests in top producing countries Ivory Coast and Ghana.

### How much is cocoa production expected to fall in West Africa?

Production is expected to drop 11% to 1.8 million tonnes in Ivory Coast and decline around 13% to 650,000 tonnes in Ghana for the 2026–27 season.

### Why is weather in Ivory Coast and Ghana important for cocoa?

Ivory Coast and Ghana are the top two producers, and West Africa accounts for more than half of the world's total cocoa supply.