News Details

Global buyers of Ghana's cocoa have made $0.5 billion+ of upfront payments to marketing board Cocobod to secure supplies

(Nov 27, 2024)

Sudden overhaul of 3-decade-old marketing system in No.2 global grower pushed traders/processors into expanded financing role.
https://reuters.com/markets/commodities/cocoa-firms-pour-money-into-ghana-bid-avert-more-losses-2024-11-27/

Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
facebook   twitter