What's Happening?
Ivory Coast's cocoa grind experienced a significant decline of 31.2% in July compared to the previous year, with only 39,301 metric tons processed. The drop is attributed to poor bean quality and low volumes from the mid-crop. From October 2024 to July 2025, the total grind reached 515,055 tons, marking a 4% decrease from the same period last season. The cocoa grind is a critical step in transforming cocoa beans into chocolate, and fluctuations in this process can impact global cocoa supply chains.
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Why It's Important?
The decline in cocoa grinding in Ivory Coast, the world's largest cocoa producer, could have significant implications for the global chocolate industry. Poor bean quality and reduced processing volumes may lead to supply shortages, potentially driving up prices for chocolate manufacturers and consumers. This situation underscores the importance of addressing agricultural challenges and improving crop quality to stabilize the cocoa market. The industry's reliance on Ivory Coast's production highlights the need for diversification and investment in sustainable farming practices.
