Cocoa Bean Shortage 2024. Cocoa futures in london extended gains as heavy rains in top grower ivory coast hamper the new season harvest and the delivery of. October marks fairtrade month, a significant event this year amid the continuing cocoa crisis and its impact on farmers’ livelihoods.
A recovery in cocoa production in the world’s largest growers is set to put an end to a massive bean shortage that sent prices surging to a record this year, according to. Cocoa’s shortage is set to deepen further this season amid persistent production challenges from poor weather and disease.