Cocoa fell more than 5% to $5,181 per tonne as ICE stocks rose to 3.74 million bags and chocolate-market sales remained weak. The article also reported that December soybean oil fell 2% and January 2027 soybeans lost 1.2%, amid abundant US supply prospects and weaker Asian vegetable-oil prices; adverse weather and lower port arrivals in Côte d’Ivoire and Ghana pose risks to the next cocoa crop.
Higher cocoa inventories and soft chocolate demand pressure cocoa prices, though weather risks and sharply lower West African arrivals could tighten future supply and support prices. Expected US soybean abundance and weaker competing vegetable oils weigh on soybeans and soybean oil.
After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 49 past bearish weather events, Soybean Oil moved a median -0.5% over 5 sessions (43% higher; middle half -3.2% to +1.0%), and -0.3% over 20.
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.