Cocoa Shortage 2024 Lexus. A recovery in cocoa production in the world’s largest growers is set to put an end to a massive bean shortage that sent prices surging to a record this year, according to. The result is a chaotic market.

In february 2024, the ghana cocoa board (cocobod), regulator of the country’s cocoa sector, secured a world bank loan of us$200 million to rehabilitate plantations affected. “this is a milestone fairtrade month,”.