We closely monitor global commodity markets.
Hazelnuts, almonds, sugar, cocoa beans, cocoa butter, vanilla, sultanas and much more – in short: food commodities shape the daily business of Fairtrade SA.
As a qualified partner, Fairtrade offers a comprehensive range of services, from contract handling and logistics to customs clearance and ongoing quality control of products. Its clients include chocolate and biscuit manufacturers, producers of semi-finished goods, large-scale distributors, trading companies and beverage manufacturers.
This highly dynamic industry requires not only a well-functioning global network of relationships, but also a keen sense and the experience to draw the right conclusions from current global developments. In other words, sourcing high-quality goods at the best possible price and at the right time. Fairtrade continuously monitors the commodity markets and identifies new products and suppliers that meet its high quality standards.
The el niño weather situation and what it could mean for important cocoa regions:
• Ivory Coast: For the 2026/27 cocoa season, a significant decline of approximately 17% in the main crop is expected due to drought, poor pod development, and potential El Niño effects.
• Ghana: The harvest outlook is also concerning, with production expected to decline by at least 16%, driven by adverse weather conditions, crop diseases, and structural challenges.
• Ecuador: El Niño increases the risk of excessive rainfall, flooding, and fungal diseases, potentially affecting both yields and cocoa quality, although moderate rainfall could initially benefit production.
• Overall outlook: The two largest West African cocoa producers are facing significant supply pressures, while Ecuador, an increasingly important producer, may not be able to fully offset potential shortfalls.
• Conclusion: The 2026/27 season carries an elevated risk of a global cocoa supply shortage and increased price volatility, with the actual impact depending on harvest developments over the coming months.
