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Weekly Forex Forecast - Forecast 28/01 (Charts)

US stocks rise, central banks steady. Key trades: NASDAQ, Cocoa. Focus on macro trends, market sentiment. Watch Fed, BoE meetings, key data releases.

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DBA: Agricultural Play Aims To Give Best Of Both Worlds (NYSEARCA:DBA)

DBA: Agricultural Play Aims To Give Best Of Both Worlds (NYSEARCA:DBA)
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Cocoa prices surge to 44-year high as extreme rainfall devastates crop in West Africa

As if a sugar shortage wasn't enough, now a cocoa shortage will surely put a damper on your holiday spirits as cocoa futures reach a record high not seen in more than four decades.

City ofUnited kingdomCoted ivoireNew yorkUnited statesIvory coastJon davisWest africanEverstream analyticsWest africaExtreme rainfallEverstream analyticsCocoa beansWest africanCocoa podsCocoa futures

Chocolates turn bitter with cocoa prices at 45-year high, sugar under restrictions

In October, prices of cocoa increased by 10 percent. Meanwhile, prices of the commodity have flared up nearly 64 percent over the past year.

Coted ivoireIvory coastEl ninoMinistry of consumer affairsWest africanWest africaDirector generalForeign tradeConsumer affairsConsumer price inflationCocoa pricesOcoa price 45 year highChocolate pricesCocoa futuresCocoa productionEst africa cocoa demand

Satisfying your sweet tooth is about to get more expensive

Cocoa prices have been soaring and that could drive chocolate prices higher. Higher prices are helpful for struggling cocoa farmers, but might not be great news for sweets shoppers as chocolate makers face rising costs.

Coted ivoireIvory coastSteven voskuilPascal baltussenAlex assanvoTony chocolonelyPacific oceanGhana cocoa initiativeCocoa organizationInternational cocoa organizationDanielle wiener bronnerPaul joulesGro intelligenceAmsterdam based tonyWest africanIvoire ghana cocoa initiative