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El Niño Threatens Cocoa - ADM Investor Services

Cocoa steadies as an evolving El Niño deepens dryness in Indonesia and West Africa, raising fourth-quarter supply concerns.

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The World Bank’s beverage index — which adds world coffee, cocoa and tea prices — fell by a third in the second quarter of 2026 compared to a year earlier, and the agency expects the year to end by 30% below 2025. Cocoa and coffee, which in 2024 and 2025 reached never seen or high prices for several decades, seemed to have begun the way back to normal.

·Madrid, Spain
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El Pais broke the news in Madrid, Spain on Wednesday, September 9, 2026.
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