2017/18 Fall in Cocoa Output Highlights Long-Term Challenges
Commodities / Cote d`Ivoire / Thu 20 Jul, 2017
2016/2017 cocoa output in Cote d'Ivoire is still on track to surpass the record harvest recorded in 2015, despite heavy rain in recent weeks. Production has peaked and we forecast production to decline in 2017/18, but Ivorian producers will continue to contribute to global oversupply this year and next, so the recovery in prices out to 2021 will be