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A cocoa market report notes cocoa traded near $7,094 per tonne on November 7, up 2.2% on the day. It cites World Bank forecasts that prices will stay elevated after doubling in 2024, with West African weather a key risk.
Cocoa is not a feed commodity and the story has no direct feed price link, so the relevance to animal-feed buyers is minimal.
cocoaradar.comAnthony MyersNov 7, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
