FAO and NOAA Report Details Cocoa Vulnerability to Climate and Disease
What happened
A recent report examined cocoa vulnerability, noting that climate change is adding pressure to the agricultural end of the supply chain. NOAA described cocoa's susceptibility to diseases, including black pod disease, which is associated with excessive moisture. Excessive heat and rainfall also pose challenges, potentially affecting harvest quantity and quality.
From indiatimes.com
Why it matters
The findings highlight how climate pressures affect cocoa farmers globally. This vulnerability impacts the entire supply chain, from the farm to the consumer, as costs do not travel evenly from the farm to the final product.
The Food and Agriculture Organization released findings regarding African food security.
From indiatimes.com
Who's involved
- Food and Agriculture OrganizationThe Food and Agriculture Organization examines the status of the Cacao commodity as part of its global mandate.
- NOAANOAA provides information regarding Cacao's vulnerability to diseases.
- CacaoThe commodity whose vulnerability to climate and disease is being examined.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Chicago Board of TradeSpeculative
Climate and disease risk could reduce cocoa supply, impacting futures trading and commodity price volatility.
- AfricaSpeculative
Cocoa vulnerability to disease and climate stress might impact regional agricultural output.
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The entities involved
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Cacao
river in Honduras
Nothing else this week.
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Food and Agriculture Organization
international organization with the objective of ending hunger