ABIDJAN, Oct 5- There will be a global cocoa deficit of around 96,000 tonnes in the 2015/ 16 season despite increased production, International Cocoa Organization Executive Director Jean-Marc Anga said on Monday. Speaking to Reuters on the sidelines of an event in Ivory Coast's commercial capital Abidjan, he predicted that global cocoa output would increase...» Read More
International shipping companies have resumed deliveries of cocoa from the world’s largest supplier but analysts say the commodity will remain volatile for the foreseeable future.
Much like housing years ago, food has become something bigger than itself. It's about far more than sustenance. It's about commodities trading, global trade, energy, biotechnology and government policy. Our special report, "Food Economics, explores all of those dimensions.
If you're looking for action, try grains, but even that may be iffy. It all depends on the weather.