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Agriculture

Cocoa supply chain

West African farms, fermentation, grinding, and confectionery demand cycles.

Curated sector reports

Cocoa supply chain

Agriculture·⚠ Ivory Coast & Ghana crop concentration

Key chokepoints (2)

Ivory Coast & Ghana farms

Farming

⚠ active chokepoint

Two countries supply roughly 60% of beans; crop disease or farmer payments disrupt global grind.

Grinding & butter/powder split

Processing

⚠ active chokepoint

Grinder capacity and financing of bean inventories drive futures backwardation spikes.