# Climate change and cocoa production: all eyes on La Niña

> 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.

- Date: 2024-11-07 · published 2024-11-07T12:00:00.000Z
- Category: market · region West Africa · magnitude low
- Page: https://feedsoft.ai/events/27329-climate-change-and-cocoa-production-all-eyes-on-la-nina
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Cocoa is not a feed commodity and the story has no direct feed price link, so the relevance to animal-feed buyers is minimal.

## Sources

- cocoaradar.com: https://cocoaradar.com/climate-change-and-cocoa-production-all-eyes-on-la-nina/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.