Cocoa was the best performing commodity in 2024, outpacing even bitcon, as prices surged 132 percent, hitting a record high of $10,353 per ton in December, according to data from the International Cocoa Association (ICCO).
Prices of cocoa beans surged from an average of $4,453 per ton in January
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Feyishola Jaiyesimi
Feyishola Jaiyesimi covers agriculture and environment trends at BusinessDay, Nigeria’s leading daily newspaper focused on economy and finance. Her stories draw on investigative journalism, and she has been selected for professional training by the US Embassy, Lagos, and Dataphyte. Feyishola holds a bachelor’s degree in Zoology and Environmental Biology from Ekiti State University.
