date:Jul 12, 2018
tinue their decline after reaching its nine-year low last year, the move may carry hopes of bringing balance between supply and demand. The government has since been suspending programs meant to buoy cocoa productivity in a bid to temper recent oversupply.
For the 20162017 crop year, the Ivory Coast saw a record cocoa output at 2 million from decade-ago levels at 1.2 million tons. Per Reuters, this was mostly owed to farms aggressive expansion into protected areas and national parks, where plan