Cocoa Bean Shortage 2024 Shortage. An industry source told reuters that traders feared the shortage will extend into next year, with missing volumes from this season's crop having to be filled with beans from. 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.
Earlier today the price of cocoa beans smashed through the $10,000 a ton for the first time in the futures. Growing demand for cocoa underscores the urgency in addressing the intertwined issues that relate to the industry’s.