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PARIS, Feb 24 (Reuters) - Cocoa production in Ivory Coast in the 2024/25 season is expected to remain around last season’s disappointing level after adverse weather and crop conditions continue, the country’s agriculture minister said. A sharp drop in output in Ivory Coast, the world’s biggest supplier of the chocolate ingredient and second-largest producer Ghana, in 2023/24 triggered a surge in international prices to record levels last year. “It’s the same trend,” Kobenan Kouassi Adjoumani told Reuters on Monday about the outlook for 2024/25 production, adding that it was too early to give a firm forecast. The minister’s assessment was in line with a Reuters poll of analysts this month, which gave an average expectation of 1.80 million metric tonnes for 2024/25, down from 1.76 million in 2023/24. Echoing farmers’ comments, Adjoumani said recent rains had improved prospects for the April-September mid-season crop, which follows the country’s main crop from October to March. ...

There is not enough cocoa in the world to produce chocolate, so its price is rising, and supplies are at a record low.

(Agraria.pe) Complying with European regulations on products related to deforestation is key to the development of important production chains for Peru, such as cocoa. Along these lines, Gilder Meza, an agronomist and expert in the cocoa value chain, outlined the steps that exporters must follow to comply with EU Regulation 2023/1115 and EU Regulation 2024/3084: